"Don't send to 1BitcoinEaterAddressDontSendf59kuE. These coins are lost."
One day computers will be able to hash the privatekey for this address or for addresses with no access to it. Therefore coins should be removed after mining from the coinbase address to show that someone has access to it. Otherwise they are shalecoins waiting to be "remined" or "fracked" one day.
Topic: Bitcoin as "shalecoin" - page 2. (Read 616 times)
Definition of "shalecoin":
Mined coins with no access to the address. (Nobody has the privatekey)
If that address is a coinbase address: 1 year after mining
Other addresses: 10 years after last output transaction (If there is no output transaction then 10 years after first input transaction)
Mined coins with no access to the address. (Nobody has the privatekey)
If that address is a coinbase address: 1 year after mining
Other addresses: 10 years after last output transaction (If there is no output transaction then 10 years after first input transaction)
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