What is 0x000000000000000000000000000000000000dead address?

This address is commonly used by projects to burn tokens (reducing total supply) .” etherscan.io/address/0x000000000000000000000000000000000000dead “This address is not owned by any user, is often associated with token burn & mint/genesis events and used as a generic null address” etherscan.io/address/ …

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