Signum Explorer - Transaction #6296136326400304932

Transaction ID
6296136326400304932

Height	628943 714662 Block Confirmations
Type	Arbitrary Message
Timestamp	5 years, 5 months ago (2019-06-06 17:06:01 UTC)
From	S-CM9N-WQ49-NV7U-9DE7G Rasp1
To	S-XDYT-2SJ6-XYSY-5D6NZ
Value
Fee	1.5 SIGNA ($0.0022)
Version	1
Deadline	1440
Block Timestamp	5 years, 5 months ago (2019-06-06 17:07:20 UTC)
EC Block ID	4495886701512463012
EC Block Height	628929
Has message	yes
Has encrypted message	no
Has Public Key Announcement	no
Has Encrypttoself Message	no
Sender Public Key	348FF2AEEAEF21E0E7A8FCC66782E9705D2FD2070101BF6A15CF3B0A10D47457
Signature	7A3D2A278FFE5BF8A24824822605884B53913F55D7122AA7B4C928686F48C1027CD29A2A4BFDBC93441B86FE95B66D834708BEB22F886393C258B61772E433DD
Full Hash	24E78568A15E605747F1EF9D594E27070DD0DC2CBC54AEE2D562153FA8A33D6C
Message	#How it works - In a Proof-of-Work system, the network of transactions is secured by performing an insane amount of computations every second in order to validate each block. This is why you have to use hardware like powerful CPUs, GPUs or ASICs to mine. This leads to downsides like high electricity consumption, heat and noise, the need for specialized, non-reusable hardware, and centralization of the mining process by big corporations. Burst mining style solves all these problems (and is also ASIC-resistant) by allowing HDD mining – miners secure the network with their disk space. It can be seen as a “condensed Proof-of-Work”: you compute once (a process called plotting) and cache the results of your work on hard disk space.
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Transaction ID 6296136326400304932

Transaction ID
6296136326400304932