paulkernfeld / burnie

An SPV Bitcoin burn verification library built on webcoin
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Burnie is an SPV Bitcoin burn verification library built on webcoin.

Build Status npm

Overview

Burnie allows you to easily verify that Bitcoins have been "burned," i.e. sent to an unspendable address so that they are destroyed. Proof-of-burn has been used as a mining technique for alternative cryptocurrencies, and it has also been proposed as a DNS registration technique.

Burnie is based on webcoin. This gives it two important advantages over other ways of verifying proof-of-burn:

API Documentation/Example

See test.js.