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IOST Developer Channel Chat

22 May 2020
2020-05-22×
22 May 2020
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In the payee part if you put Contract and then write whatever that IOST will be lost
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The IOST blockchain processes it as if the contract existed but it obviously doesn't
The account name safedeposit exists
I've noticed it cause someone tried purchasing PMINE by copying the contract address
But they copied more things too, so I think the IOST is lost, correct?
ContractC3DW2h2qVyuFdzo3aKhN8Lhc8Jcp8wetYNvayKyhCjQq -> buyToken
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He placed this in the payee section
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Or are you simply given a bunch of random letters and words
Was there any other way to burn IOST before?
There's a few methods.
There's an account created in the Genesis block with an invalid public and private key.
Tokens sent to deadaddr are unrecoverable.
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Also the IRC20 token standard has the destroy method for all tokens.
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