How to 'Burn' It

Certainly you won't want to burn it, so here is the guide how you might burn it and try to avoid them.

  • transfer XCHS funds to CAT address.
    • It's burned, and lost forever.
    • Someone might get used to copy addresses from blockchain explorer, but please never copy the CAT address.
  • transfer XCHS funds to random central exchange.
    • It depends, it might be dangerous.
    • Until safe exchange protocol like offer or DEX is introduced, trading without any trust could prove perilous.

Safe Scenarios

Here listed some safe scenarios:

  • Moving all XCH out of the account address.
    • 🛡️ It's safe.
    • You might need move some XCH back into this account to extract out these XCHS funds later.
  • Inscribing a wrong inscription.
    • 🛡️ It's safe.
    • The catch is, this could end up being ineffective.
  • Inscribing the deploy more than once or after someone already deployed the same tick.
    • 🛡️ It's safe.
    • But the later one have no impact. The limit or supply won't change since the very first deploy.