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Home Bitcoin

consensus – Are there any UTXOs that can not be spent?

Moussa by Moussa
December 3, 2024
in Bitcoin
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peer discovery – how to obtain the IP addresses of nodes for mining pools?
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Yes, there exists transaction outputs which are provably unspendable, regardless of cryptographic assumptions (so even when hashes and/or elliptic curve security were broken).

One well-known example are OP_RETURN outputs. Since the OP_RETURN opcode immediately abort script execution, any output whose scriptPubKey contains this instruction (outside of an OP_IF branch) is irrevocably unspendable. This is a popular mechanism for committing extra data inside Bitcoin transactions.

Another example of unspendable outputs are ones whose scriptPubKey exceeds 10000. Creating such outputs is legal, but such large scripts are unexecutable, and thus cannot be used in inputs.

Whether you consider these outputs to be UTXOs is a matter of perspective however. Bitcoin Core for example detects certain classes of outputs are provably unspendable (those whose first byte is OP_RETURN, and those with a scriptPubKey longer than 10000 bytes), and does not even insert them into its database of unspent outputs as a database size optimization. The outcome of this is that attempts to spend them will fail due to “UTXO does not found” rather than “invalid script”, but the block or transaction it occurs in is invalid either way.



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