the next Generation in blockchain
Block:
Market: BTC: 0.00000000 | USD: 0.00000000 | EUR: 0.00000000
swap_horiz Transaction #11810942937504439784
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: 0.00000000
EUR: 0.00000000
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 850815
Timestamp 2018-06-27 18:30:10
Signature f4f881c39870cba3703955a696f5e23c4f55c108875cf0b38af1598a26a9b40f42101156fca4fa4823715beb046d3a0bdaa66ca15a0d3990f6cc72cdef8cabd3
Signature Hash 275560311381dd51e79add20333ab69f8d8046809450870b9c3bc590a94cf33a
Full Hash e85d5c4c06e6e8a347dd84d5345ad3b882f578f413702e365003f7da866b39df