What Is a 'Zero-Address' in Blockchain? ⎊ Path

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.

How Does the Concept of “Unspendable Keys” Relate to Deep Cold Storage?

How Can a Derivative Protocol Use a Token Burn Mechanism to Manage Protocol Debt?

How Can a Token Burn Be Used to Hedge against Inflation in the Crypto Market?

What Is ‘Burning’ in the Context of Cryptocurrency?

What Is the Role of a ‘Token Burn’ in Cryptocurrency Economics?

How Does a Smart Contract Handle Token Burning?

What Is the Concept of “Proof-of-Burn” as an Alternative Consensus Mechanism?

Is a Buyback-and-Burn Mechanism Superior to a Direct Fee Burn from a Valuation Perspective?