Token Annihiliation
Token Removal
The Unwanted Blackhole
Annihilating tokens is the act of approving Unwanted to initiate a transaction to send one or more ERC20, or ERC721 and equal tokens into an EVM Zero Address. An EVM Zero Address is a special address that was created during the Genesis Block.
The Genesis block is a special block that was mined by the EVM itself and therefore is associated with the account 0x0000000000000000000000000000000000000000
. It's impossible to generate the private key for this address and people can use it as a proof-of-burn account on EVM blockchains. This essentially casts the tokens away making them unretrievable forever.
Unwanted chose to use GENESIS 08 for Annihilation.
Address: 0x0000000000000000000000000000000000000008
https://etherscan.io/address/0x0000000000000000000000000000000000000008
This address exists on all EVM Based Blockchains
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