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What Is a ‘Zero-Address’ in Blockchain?

The zero-address, often denoted as 0x0. 0, is a specific address on a blockchain that is cryptographically inaccessible and unspendable.

It is commonly used as a 'burn address' to permanently remove tokens from circulation. Sending assets to this address is irreversible, ensuring the tokens are truly destroyed.

What Is the Impact of a Deflationary Burn Mechanism on Token Value?
How Can a Token Burn Be Used to Hedge against Inflation in the Crypto Market?
Explain the Concept of “Token Burn” and Its Effect on Fungible Token Supply and Value
What Is ‘Burning’ in the Context of Cryptocurrency?