Transaction

906ee5cf3ce4373c8bb8d792d60a6e3f708cc8f4f2b730c16b4e3f231f606581
Timestamp (utc)
2024-03-27 00:05:02
Fee Paid
0.00000012 BSV
(
0.00878934 BSV
-
0.00878922 BSV
)
Fee Rate
10.79 sat/KB
Version
1
Confirmations
93,426
Size Stats
1,112 B

2 Outputs

Total Output:
0.00878922 BSV
  • j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM\<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=2162.msg28373#msg28373">Quote from: da2ce7 on December 09, 2010, 02:51:43 AM</a></div><div class="quote">You've gotta love the free market!<br/></div><br/>We should not trust the "free market" blindly. <br/><br/>The problem is that including a lot of data in a block creates costs, not just for the miner who includes the data, but for <b>all other miners</b> and <b>all other users</b>, for <b>all eternity</b>.<br/><br/>In the current implementation, the user is passing on the costs to the miner, and the miner is passing on the costs to the rest of the network. However, the user's transaction fee <i>only</i> compensates the miner's costs.<br/><br/>As long as this tragedy of the commons situation hasn't been sorted out, the free market won't fix anything.</div> text/html
    https://whatsonchain.com/tx/906ee5cf3ce4373c8bb8d792d60a6e3f708cc8f4f2b730c16b4e3f231f606581