Transaction

fc9f2dfcf6446211b68d25856444feea434d4d7b2d18935a6b54454f55cab2fb
Timestamp (utc)
2024-03-24 08:39:01
Fee Paid
0.00000024 BSV
(
0.01594464 BSV
-
0.01594440 BSV
)
Fee Rate
10.28 sat/KB
Version
1
Confirmations
101,421
Size Stats
2,334 B

2 Outputs

Total Output:
0.01594440 BSV
  • j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM!<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=286.msg2678#msg2678">Quote from: Insti on July 13, 2010, 11:34:03 PM</a></div><div class="quote">77428 transactions in 66663 blocks is about 46,752,464 bytes.<br/>which works out to about 600 bytes per transaction (including block headers + database overheads)<br/></div>That sounds about right.<br/><br/>So a million transactions a day would be 600 million bytes.&nbsp; 600 megabytes a day, 18 GB a month.<br/><br/>That's not bad.&nbsp; Actual network bandwidth will be higher (the way the network is connected you get the same transaction multiple times from your peers).&nbsp; You won't be running an always-connected-network node on your iPhone, but any low-cost server will give you twenty times that bandwidth per month.&nbsp; And 18GB isn't much disk space in these days of terabyte hard drives.<br/><br/>A million transactions per day is a <b>LOT</b>!&nbsp; For comparison, in 2006 there were about <a href="http://wiki.answers.com/Q/How_many_credit_card_transactions_per_year_in_the_US">60 million credit card transactions per day in the US</a>.<br/><br/>Eventually, if Bitcoin survives and gets as popular as credit cards for paying for stuff I expect somebody will create a compatible version with a more efficient network structure (maybe by that time there will be some fancy IPV6 multicast protocol or something).&nbsp; And they'll implement a couple of gateway nodes (running on really fast connections) that shuttle transaction and block traffic from the current Bitcoin network into the super-efficient network.&nbsp; And I expect most of us will be running lightweight clients that just keep our wallets, sign transactions, and send and receive transactions to the ultra-fast nodes that ARE looking at every transaction.<br/><br/>You know, kind of like how we have those Big Routers in the Sky that handle Internet backbone traffic (or the ultra-fast DNS root servers).&nbsp; The Internet didn't start out with astoundingly fast routers zinging packets around.<br/></div> text/html
    https://whatsonchain.com/tx/fc9f2dfcf6446211b68d25856444feea434d4d7b2d18935a6b54454f55cab2fb