Q » What is a burn address?
02 Nov, 2025
A » A burn address in blockchain technology is a wallet where cryptocurrency or tokens are sent to be permanently removed from circulation. It is a publicly verified address with no known private key, ensuring that assets sent to it cannot be retrieved or used again. This process is often used to reduce supply, thereby potentially increasing the value of the remaining tokens or to eliminate unsold tokens after a sale.
03 Nov, 2025
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