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Evan-

When I send wrapped UST from my ETH wallet using

Bridge Etherscan says the tokens are being sent to a Black Hole address but end up in my Station wallet. What is a BLACK HOLE address and is it trackable on the ETH chain any longer?

#blockchain #cryptocurrency #english #luna
0

6 ответов

21 просмотр
Robb-

It’s limbo basically. The time it takes for your UST to get to your Station wallet

0
19.09.2021
Kristian-

The wrapped token has to be burned to receive the token backing that wrapped token. If not the tokens would be duplicated every time you cross the bridge and you would have an infinite money glitch.

0
19.09.2021
Evan- Автор вопроса

It was transfered to station without issue but I am curious if it can be tracked through my Eth address or is it basically ghosted now?

0
19.09.2021
Kristian-

The black hole is usually used to describe the address that contains only zeroes (0x0000…00), and tokens are sent there as a way to “delete” the token because nobody has the key to that address.

0
19.09.2021
Evan- Автор вопроса

Is it untraceble by 3rd parties?

0
19.09.2021
Kristian-

The opposite. It happens on a ledger designed to be as transparent as possible. Everything is public and traceable by anyone.

0
19.09.2021

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