Ever needed to burn your crypto? Who does? Well in the crypto business, it has just part of everyday business.
Here is the dead wallet addresses that crypto can be sent to (forever) and can never be used again just in case you need to burn you crypto. Yeah, right, who needs to do that?
0x000000000000000000000000000000000000dEaD
It is interesting to note that unlike Ethereum, there is no necessity for a dead wallet address on Solana1.
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1 from a Reddit Post