XDAG Burn Address Explanation

English:

The 111111111111111111117K4nzc is a xdag burn address, All xdag sent to this address will be permanently burned. similar to the Bitcoin burn address 1111111111111111111114oLvT2, which encodes the smallest possible hash160 value. A burn address is an address to which coins can be sent but are unlikely to ever be spent, effectively removing those coins from circulation. This particular address is often cited as an example because it's virtually impossible that anyone possesses the private key for it.

Here's why:

XDAG addresses are derived from public keys, which in turn are derived from private keys. For someone to spend coins sent to an address, they would need the corresponding private key.
The address 111111111111111111117K4nzc looks like it was not generated from a typical private key -> public key -> address process. instead, it is generated by encoding the smallest possible hash160 value.
Given the vastness of the private key space, the odds of randomly generating the exact private key that corresponds to this address are astronomically low.

Over time, various users might send small amounts of XDAG to this address, either as a joke, a demonstration, or for other reasons. Those coins are effectively "burned" or taken out of circulation.

中文:

地址111111111111111111117K4nzc是一个XDAG销毁地址，所有发送到这个地址的xdag都会被永久销毁。类似于比特币销毁地址1111111111111111111114oLvT2，该地址编码了最小可能的hash160值。销毁地址是一个可以接收币但不可能花费的地址，有效地将这些币从流通中移除。这个特定的地址实际上不可能有人拥有它的私钥。

以下是原因：

XDAG地址是从公钥派生出来的，而公钥则是从私钥派生出来的。为了花费发送到某个地址的币，他们需要相应的私钥。
地址111111111111111111117K4nzc不是从典型的私钥 -> 公钥 -> 地址的过程中生成的，它通过编码最小的hash160值生成。
考虑到私钥空间的广阔性，随机生成与此地址对应的确切私钥的几率是天文数字般的低，需要的能量远远超过我们的太阳系在其生命周期内能产生的能量

随着时间的推移，各种用户可能会向这个地址发送少量的XDAG，可能是作为玩笑、示范或其他原因。这些币实际上已经被“销毁”或从流通中移除。