Post
Topic
Board Altcoin Discussion
Re: Burning coins. How to?
by
talkbitcoin
on 21/12/2016, 10:38:04 UTC
if the fundamentals are the same as bitcoin you can't just pick a random address on your own, the address has to match certain rules which is the base58 encoding with checksum.
like this:
Code:
Bitcoin address = version + RIPEMD-160(SHA-256( Public Key )) + checksum
you can find articles on how to do it with bitcoin and then change them to your altcoin:
https://en.bitcoin.it/wiki/Proof_of_burn
http://bitcoin.stackexchange.com/questions/1851/how-to-generate-a-valid-bitcoin-address-for-destroying-bitcoins

p.s. donating them would be wiser and easier!