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Step 1
Place sugar in a medium skillet over medium-high heat. Stirring constantly, cook until the sugar melts, about 5 minutes. The sugar will seize during this process, but that is okay! Just keep stirring.
Step 2
Once the sugar has melted, continue to cook until it becomes a dark brown, foams and smokes, about 1 minute.
Step 3
Immediately and carefully remove from heat.
Step 4
Stirring constantly, pour in the hot water. The sugar will splatter a lot, so be careful.
Step 5
Once the water in fully incorporated, return to medium-high heat and cook until the syrup thickens slightly and most of the bubbles are around the size of a dime, about 2 minutes.
Step 6
Allow to cool completely before use.