the next Generation in blockchain
Block:
Market: BTC: 0.00000002 | USD: 0.00000000 | EUR: 0.00108315
swap_horiz Transaction #18151828191050980114
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: 0.00000796
Block 8785662943847036759 / 505992
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 776253
Timestamp 2018-06-27 18:30:44
Signature cee36a78b70b3459986bb46693227a3d64f01724c47b3982fe7a9d257c0bfe020e9fbdc5be2bfb8a3b4a2424210156a60e2b6512ef5e5ae198d1664fd65fa403
Signature Hash d52bb8a86eef8522cd619068c83e81a93f2fee3f24e22cd1dd7a0ed190cad05d
Full Hash 12db8337913fe8fb69b5626a3c279d5e9e8bd1ab94e355a9eaca8ba8876b8191