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Welcome to the Developer Q&A for the MultiChain blockchain platform.

Please feel free to ask questions about the platform to receive answers from the MultiChain developers or other members of the community.

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what does burn address mean ?

+1 vote

hi, what does burn address mean ?

thank you

asked Jan 13, 2019 by ashir

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1 Answer

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The burn address is an address to which you can send assets, but from where they can never be recovered because there is no private key corresponding to that address. So it literally "burns" the assets.

answered Jan 14, 2019 by MultiChain

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