Re:Hidden surprises in the Bitcoin blockchain and how they a...
by rwallace on Saturday August 23, 2014 @06:57PM
(#8217121)
Surely that means it effectively does go to the people who incur the cost? Burning some coins increases scarcity, thus increasing the value of all other coins, so it's effectively a donation to everyone who holds bitcoin?
Re:Hidden surprises in the Bitcoin blockchain and how they a...
by maaku on Saturday August 23, 2014 @07:34PM
(#8217180)
I assumed he was talking about fees. You could make the output zero-valued.
The spent coin goes to nobody - it is burned into the blockchain as a transaction output that can never be spent, and cannot be pruned.