Transaction

e59ccd94e2a173ef542312b920828f2597ba999254ecfa576df089b94de0b485
Timestamp (utc)
2024-03-24 15:37:17
Fee Paid
0.00000014 BSV
(
0.01092010 BSV
-
0.01091996 BSV
)
Fee Rate
10.21 sat/KB
Version
1
Confirmations
97,517
Size Stats
1,370 B

2 Outputs

Total Output:
0.01091996 BSV
  • j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM^<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=43.msg361#msg361">Quote from: Suggester on February 16, 2010, 02:15:49 AM</a></div><div class="quote">Satoshi, I figured it will take my modern core 2 duo about 20 hours of nonstop work to create ฿50.00! With older PCs it will take forever. People like to feel that they "own" something as soon as possible, is there a way to make the generation more divisible? So say, instead of making ฿50 every 20 hours, make ฿5 every 2 hours? <br/></div>I thought about that but there wasn't a practical way to do smaller increments. &nbsp;The frequency of block generation is balanced between confirming transactions as fast as possible and the latency of the network.<br/><br/>The algorithm aims for an average of 6 blocks per hour. &nbsp;If it was 5 bc and 60 per hour, there would be 10 times as many blocks and the initial block download would take 10 times as long. &nbsp;It wouldn't work anyway because that would be only 1 minute average between blocks, too close to the broadcast latency when the network gets larger.</div> text/html
    https://whatsonchain.com/tx/e59ccd94e2a173ef542312b920828f2597ba999254ecfa576df089b94de0b485