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swap_horiz Transaction #11810942937504439784
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| Sender | S-9BNJ-ZEKQ-YYUL-2DCGQ |
| Recipient | S-WCGE-E82N-GUQE-BTA5H |
| Amount |
0.00000001 Burst
BTC: 0.00000000
USD: 0.00000000 EUR: 0.00000000 |
| Fee |
0.00735000 Burst
BTC: 0.00000000
USD: 0.00000864 EUR: 0.00000801 |
| Block | 14681919850652021555 / 506026 |
| Type | Ordinary payment |
| Message | Burst coin not sustainable at current evaluation. Current 300TB of network capacity is costing miners over $1k /day in electricity(very conservative) The network is generating on average 4k Burst in Tx/day. At 1 burst per Tx this is generating $60 for miners. As block rewards decrease, Tx fee will have to exponentially increase to offset ie lost revenue. At max we could archive 86,400 Tx/day, which would not offset the current 231,840 burst/day reward. Now take in account that the potential for transaction fees can be reducing below 1 Burst. This will exacerbate the reward/Tx fee problem. |
| MessageIsText | 1 |
| Version.Message | 1 |
| Confirmations | 769280 |
| Timestamp | 2018-06-27 18:30:10 |
| Signature | f4f881c39870cba3703955a696f5e23c4f55c108875cf0b38af1598a26a9b40f42101156fca4fa4823715beb046d3a0bdaa66ca15a0d3990f6cc72cdef8cabd3 |
| Signature Hash | 275560311381dd51e79add20333ab69f8d8046809450870b9c3bc590a94cf33a |
| Full Hash | e85d5c4c06e6e8a347dd84d5345ad3b882f578f413702e365003f7da866b39df |
the next Generation in blockchain
Block: Market: BTC: 0.00000002 | USD: 0.00117595 | EUR: 0.00108978