the next Generation in blockchain
Block:
Market: BTC: 0.00000001 | USD: 0.00000000 | EUR: 0.00000000
swap_horiz Transaction #15731412632764472548
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 13363831195328464202 / 506024
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 839838
Timestamp 2018-06-27 18:25:34
Signature e0a328c7b56da971391cb508d6fa48778c33aee18ad55496f54ab1616679620f0156264f0645797693f7d2572a1970554798cffc2384d1e1622776b6cccdbc92
Signature Hash 6e302692d24a3f3562561d54d8f09b7dea6aaabf80ded3f464205a3229b67ffb
Full Hash e4dc04df703451da971b9c2adb49601458abae8a866b3f9e9f5a3f7ad9752106