the next Generation in blockchain
Block:
Market: BTC: 0.00000000 | USD: 0.00000000 | EUR: 0.00000000
swap_horiz Transaction #9532540971705586971
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 753714071329258112 / 505994
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 850830
Timestamp 2018-06-27 18:24:30
Signature 8e84c8ef461bab12f40823865560ca713c55aa7d588e3727b410b8a87c3e7b035782cc82c9d518b9d170b9a7b270e839043fb17b07ab9190d0ad9a5bfbe4a031
Signature Hash 2be278681ccfe311a75790469fdedb05d03c3fef0bd70145cde0991d03aa48a1
Full Hash 1b555e1982634a844373e4ab6ab9f50e10ba612ed0ced60df69f0d761b969ce4