In general, yeah you can choose any arbitrary address that you want for null address.
The reason you can do that is because it is almost impossible for you to choose a random address that somebody already has a private key for it. Let's do some math to prove it, an address is 256 which mean it can go up to 2^256. The earth population at this time (12/2021) is about 7.9 billion but i will make it 8 billion for ease in calculation. Assume every person in the planet has 100 private key corresponding to the address they have. Then the possiblity that you can choose an address that they already choosen is about 10^-66 (https://www.wolframalpha.com/input/?i=800%2C000%2C000%2C000+%2F+2%5E256).
The possiblity that you win a Powerball is one in 292.2 million, roughly 10^-9 (https://www.thebalance.com/what-are-the-odds-of-winning-the-lottery-3306232). So you will have to win Powerball roughly 7 times in a row to even get a chance in picking a random address that somebody already has the private key given that everybody on the earth have 100 private keys
Answer from KishouYusa on Stack Exchangeetherscan - Ethereum Null Address List - Ethereum Stack Exchange
address - What is the Bitcoin equivalent of /dev/null? - Bitcoin Stack Exchange
Null address holds newly minted tokens?
Is there a PK for the null address?
Probably this address would be pretty acceptable - 1111111111111111111114oLvT2. It has a RIPEMD-160 hash of 0000000000000000000000000000000000000000.
There is probably no bitcoin address that nobody can theoretically claim, since so many different private keys (256 bit) map to each bitcoin address (160 bit).
It has been proposed that 1BitcoinEaterAddressDontSendf59kuE should be used to destroy unwanted bitcoins.
Hey! I am trying find out who is holding the game specific nfts on etherscan. While searching, I saw null address that holds nfts. Then, I searched online and it happens to be that somebody accidentally sent to wrong address. However, when I looked at the inventory of null address, I saw these are newly minted nfts and there is no other transaction. On the transactions it says nft is transferred to some other addresses however I can't find the tokens on those addresses as well. I feel lost now, any explanation is highly appreciated. Thanks in advance!
Inventory of null address
Example transaction
As the title says, is there a PK that exists that connects to the address 0x000...? If so someone could luckily land upon a lot of money.
It'd also make burning quite dangerous.
Hey all, crypto noob here.
I was looking at Cronos on Etherscan and there is a TON of coins currently being transferred to "Null Address", the same address that al the burned cro was sent to.
Is there a reason for this? Or are people really burning their cro?
I was studying a token and accidentally stumbled upon this:
https://bscscan.com/token/0xa24cf556e66279f53c93f70bd507a0084060bd6d?a=0x0000000000000000000000000000000000000000
It shows that there are tokens going out of the Null address wallet. Is this normal? (I'm new to the crypto scene and I always heard that people send their tokens to the dead wallets to burn etc)
Please enlighten me.
Thanks in advance.
Did you remember to mine it?
About half way down this page, "If a transaction creates a contract it will also contain the contract address." https://github.com/ethereum/homestead-guide/blob/master/source/contracts-and-transactions/accessing-contracts-and-transactions.rst
Hopefully something on that page helps.
its normal to be set to null (not yet mined) after creation (mining) your contract will get an address.
check : https://github.com/ethereum/wiki/wiki/JavaScript-API#web3ethgettransaction
to: String, 20 Bytes - address of the receiver.
null when its a contract creation transaction.