Can anyone please guide me on how to create a custom Monero burn address, or generally in the Cryptonote protocol?
Will appreciate your kind help.
Create a wallet in a live environment in ram with a super long password (100+ characters) and don't write down it or the seed. Send your coins to the address. Why do you want to burn your coins?
Yeah, I guess I wasn't specific enough.
I'm looking for a way to create a provably unspendable burn address.
Meaning it should be obvious, for example contain a lot of consecutive X's.
keep generating wallets until you get one with a lot of x's.
this vanity address generator exists
https://monerotalk.org/t/vanity-address-generator/134
https://github.com/ehmry/monero-vanity
so you'll essentially publish the viewkey?
The idea is that nobody will have the private key so nobody will have the possibility to spend the funds.
I want to generate an address, to which it's highly improbable anyone will have the private key.
EDIT: Counterparty created such a BTC address back in the days of their launch
I know. The difference with Monero is that no one will be able to see on the blockchain whether the address is indeed receiving transfers, unless you publish the viewkey.
Are you relatively new to monero? Viewkey and payment_ID are things unique to Monero (I think). There is no equivalent in bitcoin (because there is no need).