It looks like someone found the keys to Burn Address (0x0) ETH

apa don

member

Activity: 602

Merit: 12

Quote from: zonefloor on July 04, 2021, 10:03:12 AM

Almost people who will create new crypto money use this contract address. So this address is not only used for burning tokens. That's why it happens both during token entry and exit as token creation is in question. I think you have learned a ethics because you did not know about this topic.

Yes, it's very clear, who found the idea of burning the address (0×0) ETH very meaningful in the crypto market assets, if that happens the crypto market assets will return to normal, and new market assets in the crypto market will feel safe.

zonefloor

hero member

Activity: 1876

Merit: 524

Almost people who will create new crypto money use this contract address. So this address is not only used for burning tokens. That's why it happens both during token entry and exit as token creation is in question. I think you have learned a ethics because you did not know about this topic.

intrenet75

newbie

Activity: 3

Merit: 1

Quote from: hugeblack on July 03, 2021, 11:14:10 PM

If the private key at that address is identified, the prize will be greater than sending some tokens. it is Impossible to generate the private key and will never be able so that some use it as proof-of-burn.

and remember there might not even be a private key because you can generate public key from valid pvt key. the opposite may not be true.

Thanks a lot

hugeblack

legendary

Activity: 2506

Merit: 3645

If the private key at that address is identified, the prize will be greater than sending some tokens. it is Impossible to generate the private key and will never be able so that some use it as proof-of-burn.

and remember there might not even be a private key because you can generate public key from valid pvt key. the opposite may not be true.

Beparanf

hero member

Activity: 2856

Merit: 783

Burpaaa

Quote from: anu1908 on July 03, 2021, 09:58:09 PM

why do you think that way? because there's an out transaction?
that doesn't mean somebody has the private key. most smart contract use that address to mint new tokens, so it should not be a surprise if you find out transactions after a smart contract interaction such as adding new liquidity to a pool.

This is true. That address is a genesis wallet address too which new mint token came from. Many newbie always being mislead on the transaction happening on that wallet because its well known for a blackhole wallet alone.

Finding private for that wallet address will consume approximately 90 to 100% energy of available on earth. Grin

anu1908

sr. member

Activity: 770

Merit: 268

why do you think that way? because there's an out transaction?
that doesn't mean somebody has the private key. most smart contract use that address to mint new tokens, so it should not be a surprise if you find out transactions after a smart contract interaction such as adding new liquidity to a pool.

intrenet75

newbie

Activity: 3

Merit: 1

It looks like someone has found the keys to Burn Address (0x0) ETH and transfers ERC20 tokens right now
Proof: https://etherscan.io/address/0x0000000000000000000000000000000000000000#tokentxns
and yes, there are more than a billion dollars there

Topic: It looks like someone found the keys to Burn Address (0x0) ETH (Read 134 times)