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burnie

v0.5.2

Published

An SPV Bitcoin burn verification library built on webcoin

Downloads

14

Vulnerabilities

Powered byPowered by Snyk
  • 0High
  • 0Medium
  • 0Low

Links

Git

Maintainers

occupy_paul_stoccupy_paul_st

Keywords

bitcoinburnspvwebcoin

Readme

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:

  • It should be possible to run a full client in the browser (not yet tested).
  • Since webcoin uses simplified payment verification, it starts up fast and uses minimal bandwidth.

API Documentation/Example

See test.js.