the next Generation in blockchain
Block:
Market: BTC: 0.00000001 | USD: 0.00083071 | EUR: 0.00071029
swap_horiz Transaction #13373395518699811932
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: 0.00000611
EUR: 0.00000522
Block 12418963862618375519 / 505991
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 987509
Timestamp 2018-06-27 18:26:56
Signature 13328b0488fde6348cbb9be395288b17e8f306dfe9c90109d5c04e48d4fa52021d67710172994594886b56425aa7cf702f2cb2648336931327e7108980536ca2
Signature Hash 3a0a420aaaa0860b7a0192273086399d074944bb556cd4a0fc62f9f81440b1ac
Full Hash 5c34e7745ed897b974dbe19579fa900e063b05c881fab39d1ccffb46130efa8f