Questions tagged [burned eth]

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Andrea Andrea Mon Aug 26 2024 | 7 answers 1456

Where does burned ETH go?

I'm curious about the concept of burned ETH and its ultimate destination. Could you elaborate on what exactly happens to the Ether that gets burned in various transactions or processes? Is it simply destroyed and lost forever, or does it have some other fate? Understanding this mechanism is crucial for me to grasp the intricacies of the Ethereum ecosystem.

Where does burned ETH go?

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