4 ms·

It's more than that - this particular address is the coinbase output of the genesis block (block 0) and it's literally unspendable. edit: I'm wrong, see https:

• nullc 3y ago
  No it isn't. The 50 bitcoin created by block zero are unspendable (because by intention or error the software never passed block 0 through the validation logic that would enter those coins into required data structures). But any other payment made to that address/pubkey are perfectly spendable by whomever has the matching private key. Though that misunderstanding is somewhat common, so it's not impossible that the payee believed that they were sending the coins to an unspendable address.
• h43z 3y ago
  Is that really true? Or does that just apply to the 50 btc of the genisis "reward".