Solana: who can burn SPL token, and from what wallet it can burn?

Burning SPL Tokens: Understanding the Error

As a token holder on Solana (SPL), burning your SPL token is an essential process that releases funds from your wallet. However, issues can arise when attempting to withdraw tokens from other wallets or minting authority accounts. In this article, we’ll dive into the reasons why you might encounter errors and provide guidance on how to resolve them.

Understanding the Basics

Before we dive into the error, let’s quickly review the basics:

• The SPL token is a type of Solana-specific token that can be minted and burned.

• The SOL token, also known as the “solo” token, is another type of Solana token that serves as a reserve asset to support the trading market.

• Burning the token will release its value into the Solana ecosystem.

Why are you getting errors?

The errors that occurred are likely caused by the following reasons:

• Wallet Permissions

  : The “Custom Program Error” error message indicates that your wallet does not have permission to record tokens. This may be because your wallet does not have permission to access or manipulate the SPL token balance or is not configured correctly for this purpose.

• Token Authority: When you mint an SPL token as a user, the SPL Token Authority (STA) has control over the token state and the recording process. If another wallet tries to record SPL tokens from your Mint Authority account, it may be denied access due to restrictions or permissions set by the STA.

Workarounds

To resolve these errors, follow these steps:

1. Check Wallet Permissions

Make sure you have the necessary permissions to access and manipulate your SPL token balance. You can do this by doing the following:

• Check your wallet settings: look for the “Permissions” or “Custom Programs” section.

• Verify that you have the correct role (e.g. “mint”, “burn” or “view_balance”) associated with the requested action.

2. Revoke Mint Permissions

If another wallet is trying to mine SPL tokens from your Mint Authority account, disable it using:

• solana config set --reset command: This resets all settings and permissions for the specific wallet.

• Manual intervention: You can also remove the permission manually by editing the wallet configuration file.

3. Use the sola command line interface

The sola CLI is a powerful tool that allows you to programmatically interact with Solana wallets. You can use it to:

• Download SPL tokens from Mint Authority account

• Check if the other wallet has permission to download SPL tokens

Try running the following command in your terminal:

solana config set --get --mint-authority 

Replace “” with the actual wallet address you want to use.

4. Update Solana SDK and libraries

Make sure you are using the latest versions of Solana SDK and libraries. Outdated dependencies can cause problems with permission settings or custom programs.

To update, run:

npm install --save-dev @solana/web3.js

Or, if you are using Yarn:

add yarn @solana/web3.js --dev

5. Check for updates and reinstall Solana Core

If you are using an outdated version of Solana Core or its dependencies, consider updating to the latest version.

Conclusion

Capturing SPL tokens is a simple process on Solana, but errors can occur when trying to access or manipulate token balances from other wallets or accounts with Mint authority. By checking wallet permissions, revoking permissions from authorities, using the sola CLI, updating dependencies, and checking for updates, you should be able to resolve these issues and successfully capture SPL tokens.

Remember to always follow best practices and security guidelines when interacting with Solana wallets and tokens.

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