swap_horiz Transaction #9195514428305499186
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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: 0.00001065 EUR: 0.00000000 |
Block | 12094759443911119168 / 506025 |
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 | 839850 |
Timestamp | 2018-06-27 18:28:10 |
Signature | eed175063b692b0d7aaf45c3eef35069ceefcabbd369d4880582f28d6c7fe505fcf6454f221c3e0eac92385c2880a1f9265905fa9e116bbd396a38680189f651 |
Signature Hash | 362a94f7289822ad6b55cd7699b6d2b29e0aaa4a1a065fcb51ee2ddd87e97777 |
Full Hash | 32e42012a7079d7f927b21903f9dac552efb4613b89ecba22519f2e004f05e0e |