the next Generation in blockchain
Block:
Market: BTC: 0.00000002 | USD: 0.00000000 | EUR: 0.00000000
swap_horiz Transaction #13118684046333371300
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 7763126253208748197 / 506028
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 837433
Timestamp 2018-06-27 18:27:28
Signature 4f6c699c77c49a9797ee1ae0bc99fcc868db9406d26308cf70c62bf555c06f0329c870ded3e3bdc08b8da4ad328d6716ee2066fe1f0c7812248987f8907d539d
Signature Hash 3ed9014b82947b79ba5223de97c5f8e10b7f3270efb8456eedd389748df87884
Full Hash a4e34866a2ed0eb685455fedfa7387b3c89fd8fe3f1c43064d445c1393a9896d