The word can describe different mechanisms for removing assets from usable supply.
LET’S PICTURE IT
Destroying a ticket and locking it in an unreachable box can both remove access, but the ticket office may count them differently.
SEE IT FOR YOURSELF
Calculate and split a manual execution feeStep 1 / 4
This example supplies twenty-one thousand gas used. It is a simple teaching input, not a live estimate of a contract call.
This example supplies twenty-one thousand gas used. It is a simple teaching input, not a live estimate of a contract call.With base ten Gwei, priority cap two and total cap twenty, the effective rate is twelve Gwei per gas.Twenty-one thousand times twelve Gwei gives two hundred fifty-two thousand Gwei, or 0.000252 ETH.The base-fee component is 0.00021 ETH and is burned. The priority component is 0.000042 ETH for the block fee recipient.
Animated local teaching model. No wallet, RPC or live blockchain data. Some labels and hashes are abbreviated for readability.
Native fee burning
Ethereum’s execution base fee is burned by the protocol. It is not sent to an account that a validator can spend. The priority-fee part follows a different rule and is not the same as the burned base-fee component.
Token burning follows contract rules
A token implementation may provide a burn operation that reduces a holder’s balance and its tracked total supply. The familiar ERC-20 interface does not require every token to expose the same public burn function.
An inaccessible address is different
Sending tokens to a commonly called burn address may make them practically inaccessible without changing the contract’s totalSupply accounting. Read the implementation before treating a transfer event as proof that supply was reduced.
A smaller supply is not a price promise
Demand, liquidity, issuance and other behavior still matter. Burning does not guarantee a rising price. Use the gas calculator to separate a hypothetical burned base fee from a hypothetical proposer tip without fetching any live data.