Post
Topic
Board Bitcoin Discussion
Re: What about those bitcoins that are LOST?
by
ausbit
on 15/07/2015, 15:14:29 UTC

So, unless people intentionally sent coins to 1DontSentHereCoz1tsGone4Ever they cannot prove that they are telling the truth or don't have any backups.
Could someone please explain how this address works?
I imagine that it's just a btc address that is guaranteed some how that the private keys have been distroyed, but are the coins still sitting in that wallet/address and could anyone ever hack it to steal the coins?

i think it's a joke man, that address does not exist lol, but i guess someone could customize it with some tools


i don't know if this is what he meant or even this was in his mind when he posted the top comment but there is an address that only eats bitcoins and in fact destroys them:
https://blockchain.info/address/1BitcoinEaterAddressDontSendf59kuE

this address is without private keys so if you send to that address the coins will be lost forever!
Exactly the address i was thinking about, thank you Herbert2020  Smiley
Now when you say this address has no private keys what do you mean.
Was this address created without private keys? (If even possible)
Or were the private keys just destroyed to this address, if so who did and or approved this?