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Questions tagged [burn]

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To create a dead-end "burning mechanism" contract for a specific native token

I am not sure how this should, or could, be done on Cardano... I would like an address/script which, if a specific native token were submitted there, that token would become permanently irretrievable. ...
RelevantData's user avatar
1 vote
1 answer
27 views

Do I Need A Contract Monad For a Burn Wallet?

If I make a script address to be a burn address, I end up having a validator that never validates i.e. returns false all the time. Does a Smart Contract that never can validate need an instance of the ...
KryptoKing's user avatar
0 votes
3 answers
116 views

How Can You Prevent A Burn Address From Polluting The Cardano Ledger?

Making a Burn Address on the blockchain is currently done by using a script address with a validator that always returns False and so never validates. This ties up ADA and causes the size of the ...
KryptoKing's user avatar
2 votes
2 answers
176 views

How to generate a verifiable Proof-of-Burn address

I need to generate a Proof-of-Burn address for a project I'm working on. I'm almost sure I can generate a valid "unspendable" address myself but I don't know how to make it verifiable and if ...
Andrea Bravetti's user avatar
1 vote
3 answers
163 views

Burn token using blockfrost java sdk?

Does anyone have an example how to burn a NFT using the blockfrost.io java SDK or Javascript SDK? Thanks a lot in advance.
AlexDev's user avatar
  • 11
4 votes
1 answer
182 views

Create a Native token for voting & burn afterwards

I am looking to issue voting Tokens. The basic idea is that I will send something like 100 tokens to 10 people. Then there will be three wallets that act as ballot box. In order to incentivise the ...
JOxBERGER's user avatar
  • 165
10 votes
5 answers
1k views

What does it mean to "burn" a token?

I'm guessing it means remove the token from circulation, permanently. In a real-world example that would be akin to literally throwing cash into a fire? What are the technical details involved in the ...
xanadont's user avatar
  • 701