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swap_horiz Transaction #12243334310342289234
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| Sender | S-CM9N-WQ49-NV7U-9DE7G |
| Recipient | S-XDYT-2SJ6-XYSY-5D6NZ |
| Amount |
0 Burst
BTC: 0.00000000
USD: 0.00000000 EUR: 0.00000000 |
| Fee |
5.00000000 Burst
BTC: 0.00000000
USD: 0.00000000 EUR: 0.00000000 |
| Block | 4161885919360674124 / 625379 |
| Type | Arbitrary message |
| Message | #How it works - In a Proof-of-Work system, the network of transactions is secured by performing an insane amount of computations every second in order to validate each block. This is why you have to use hardware like powerful CPUs, GPUs or ASICs to mine. This leads to downsides like high electricity consumption, heat and noise, the need for specialized, non-reusable hardware, and centralization of the mining process by big corporations. Burst mining style solves all these problems (and is also ASIC-resistant) by allowing HDD mining – miners secure the network with their disk space. It can be seen as a “condensed Proof-of-Work”: you compute once (a process called plotting) and cache the results of your work on hard disk space. Then mining only requires to read through your cache – your HDD is idle most of the time and reads through the plot files only for a few seconds for each block. |
| MessageIsText | 1 |
| Version.Message | 1 |
| Confirmations | 732929 |
| Timestamp | 2019-05-27 21:10:59 |
| Signature | 164c20c528dd1c155ec3d7a27960b8edf1642c88a38193fae18dd2d2ffda9f031e11a8320331a6154c60ad2123b07eb8ff9f45b042bad4fda8129219e04b5220 |
| Signature Hash | e63c69a9e319169b7c8ed8b1c3a03922382c84b06fb1102f9eab444e3722297f |
| Full Hash | 52e74df2af0fe9a9da5f2418cce8df1e9025fff2e34848178c171b5710d6255e |
the next Generation in blockchain
Block: Market: BTC: 0.00000000 | USD: 0.00000000 | EUR: 0.00000000