Replying to Avatar Nunya Bidness

My question is this: If you send bitcoin to the Genesis Block Wallet Address are those bitcoin forever unavailable to spend because the 50 BTC genesis coins are unspendable.

Is it a de facto burn address?
Avatar
Nice and Kind Vic 2y ago

technically no.

the original output isnt spendable as its not in utxo set. subsequent to the address are valid utxos to spend if one has the private key

Reply to this note

Please Login to reply.

Discussion

Avatar
Nunya Bidness 2y ago

That makes sense. Thank you.