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Blackholed addresses article (#244)
* Blackholed addresses article 1. Please place the screenshot from XahauExplorer in appropriate place. 2. I am not sure about the meaning of Special addressed when the article is shown in for xahau network. * corrections * update picture size changed * Update the link, prettify, update the picture --------- Co-authored-by: Viacheslav Bakshaev <bakshaev@protonmail.ch>
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Diff for: ‎pages/blackholed-address.js

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import { serverSideTranslations } from 'next-i18next/serverSideTranslations'
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import SEO from '../components/SEO'
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import { getIsSsrMobile } from '../utils/mobile'
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import { network } from '../utils'
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import { nativeCurrency, explorerName, xahauNetwork } from '../utils'
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import Link from 'next/link'
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export async function getServerSideProps(context) {
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const { locale } = context
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return {
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props: {
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isSsrMobile: getIsSsrMobile(context),
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...(await serverSideTranslations(locale, ['common']))
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}
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}
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}
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export default function BlackholedAddress() {
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return (
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<>
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<SEO
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title={'Blackholed Addresses on ' + explorerName}
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description="What are blackholed addresses on XRP and Xahau Ledgers, why they are important, how accounts become blackholed."
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noindex={network !== 'mainnet'}
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image={{ file: 'pages/blackholed-picture.png', width: 'auto', height: 'auto', allNetworks: true }}
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/>
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<div className="content-center">
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<center>
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<img
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src="/images/pages/blackholed-picture.png"
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alt="Blackholed Accounts"
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style={{ width: '100%', height: 'auto', maxHeight: 500 }}
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/>
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</center>
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<h1>What Are Blackholed Addresses on {explorerName}?</h1>
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<p>
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Blackholed addresses are {explorerName} wallet addresses from which funds can never be retrieved or spent.
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These addresses are <strong>permanently unmanageable</strong>, making it impossible to sign transactions from
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them. As a result, any {nativeCurrency} held in these addresses is permanently removed from circulation and{' '}
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<strong>no more tokens can be issued from them</strong>. Blackholed addresses can be created intentionally for
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specific purposes or occur unintentionally due to various reasons.
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</p>
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<p>
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One primary reason for blackholing an account is to prevent misuse or unauthorized access. This is
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particularly important for token issuers who want to ensure that{' '}
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<strong>no one can modify token settings or freeze assets</strong> after issuance. By blackholing the issuing
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account, they demonstrate that the token supply is <strong>immutable and free from central control</strong>.
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</p>
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<p>
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An account becomes blackholed by <strong>disabling the master key</strong> and{' '}
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<strong>setting its regular key to a special publicly known blackholed address</strong> like{' '}
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<Link href="/account/rrrrrrrrrrrrrrrrrrrrBZbvji">rrrrrrrrrrrrrrrrrrrrBZbvji</Link>. If{' '}
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<strong>no active signer list</strong> is assigned, the account is completely inaccessible.
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</p>
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<center>
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<img
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src={'/images/pages/blackholed-screen' + (xahauNetwork ? '-xahau' : '') + '.png'}
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alt="Blackholed Account-example"
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style={{ maxWidth: '100%', maxHeight: 500 }}
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/>
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</center>
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<p>
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Let’s view one of the examples of a blackholed account and how it is highlighted on our website. As you can
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see, we mention that:
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</p>
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<ul>
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<li>this account is blackholed,</li>
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<li>when exactly it was blackholed,</li>
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<li>its master key is disabled,</li>
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<li>its regular key is set to one of the special publicly known addresses on {explorerName}.</li>
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</ul>
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<h1>Special Addresses on {explorerName}</h1>
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<p>{explorerName} includes several publicly known blackholed addresses:</p>
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<p>
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1. Address:{' '}
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<strong>
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<Link href="/account/rrrrrrrrrrrrrrrrrrrrrhoLvTp">rrrrrrrrrrrrrrrrrrrrrhoLvTp</Link>
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</strong>
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</p>
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<p>
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Name: <strong>ACCOUNT_ZERO</strong>
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</p>
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<p>
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Meaning: The base58 encoding of the value 0 in the {explorerName}. Used by{' '}
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{xahauNetwork ? 'xahaud' : 'rippled'} as the issuer for {nativeCurrency} in peer-to-peer communications.
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</p>
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<p>
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2. Address:{' '}
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<strong>
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<Link href="/account/rrrrrrrrrrrrrrrrrrrrBZbvji">rrrrrrrrrrrrrrrrrrrrBZbvji</Link>
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</strong>
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</p>
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<p>
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Name: <strong>ADDRESS_ONE</strong>
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</p>
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<p>
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Meaning: The base58 encoding of the value 1 in the {explorerName}. Used as a placeholder for the issuer of a
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trust line balance in RippleState entries.
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</p>
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<p>
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3. Address:{' '}
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<strong>
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<Link href="/account/rrrrrrrrrrrrrrrrrNAMEtxvNvQ">rrrrrrrrrrrrrrrrrNAMEtxvNvQ</Link>
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</strong>
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</p>
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<p>
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Name: <strong>Ripple Name Black-hole</strong>
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</p>
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<p>
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Meaning: Previously used by Ripple to reserve Ripple Names by requiring users to send {nativeCurrency} to this
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account.
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</p>
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<p>
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4. Address:{' '}
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<strong>
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<Link href="/account/rrrrrrrrrrrrrrrrrrrn5RM1rHd">rrrrrrrrrrrrrrrrrrrn5RM1rHd</Link>
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</strong>
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</p>
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<p>
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Name: <strong>NaN Address</strong>
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</p>
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<p>
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Meaning: Generated by older versions of ripple-lib when encoding NaN using the {explorerName}'s base58 string
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encoding format.
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</p>
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<h3>Conclusion</h3>
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<p>
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Blackholed addresses serve an important role in the {explorerName} ecosystem by enhancing security, enforcing
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immutability, and affecting the overall token supply. By permanently locking accounts, projects can ensure
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decentralization and prevent unauthorized modifications. While blackholing is a useful tool, it should be done
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with careful consideration, as the process is irreversible.
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</p>
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</div>
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</>
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)
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}

Diff for: ‎public/images/pages/blackholed-picture.png

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Diff for: ‎public/images/pages/blackholed-screen-xahau.png

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Diff for: ‎public/images/pages/blackholed-screen.png

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