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Yeah you can have fun generating funky addresses like that in Bitcoin. But you have to brute-force it until you find the pattern you want, without compromising your security at all.
For example Bitmex deposit addresses are starting with 3BMEX...
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I don't think this address has been brute-forced like that. From what I can tell no-one has (or can get) access to private key for this address.
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Ah yeah you are right. I don't know much about Stacks but since it's a proof of burn this would make sense.
Why would anyone burn their Bitcoin to use a premined chain though lol
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If anyone else is WTFing this. It's apparently the proof of burn address for Stacks.
Answer by none other than Murch.
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1111111111111111111114oLvT2