The person that owns the address used vanity address generator to generate the address with high computational power equipment. If the person generated it with the right vanity address generator software, the address is very safe just like the normal bitcoin addresses.

What _act_ is trying to say here:

Is that it might not be a burn address, as vanity addresses can be generated and used just like any other bitcoin address.

So, the answer to why "people" are sending to this BTC address, is for the same reason anyone sends/receives bitcoin on any other address (unless you want to do some blockchain analysis), who knows

I think I am also learning from here and I will also want to ask something more here to know, now this vanity wallet creation does it comes with seed phrase or key or password. And is this the first type of wallet address creation methods?
From your statement that is what I understood. Please do not be mad at me, I don't know much about wallets.

It is a burn address and there are tools to create burn addresses that are very easily than creating valid Vanity addresses for use.

How to create a vanity burn address?

Bitcoins sent to these addresses are gone forever. There are a few reasons whey people might send to a burn address. Primarily, sending to a burn address proves that you spent the bitcoins and got nothing in return. Some people send just like some people might burn a $100 for show in a video. Many of the bitcoins sent to 1111...4oLvT2 were sent accidentally due to software bugs.


It is called a "burn address" because bitcoins sent to it can never be recovered. They have been "burned".



A burn address is an address with an unknown private key. It is not possible to prove that the private key for a burn address is not known, but we can be pretty certain that the private keys for these addresses are not known because addresses that have private keys look random and those addresses are far from random.

Burn addresses are easy to construct. In short, you set all but the last 6 characters in the address to the text that you want and then compute the last 6 characters as the checksum.


Burn addresses such at those cannot be made with a vanity address generator because every character in the address (except the checksum) is chosen instead of generated from the private key.