History

Block Summary for Height 236484

• Timestamp: April 17, 2013
• Miner: SOCK#DDR,MM=Z1F`EG#$K/BITPARKING
• Coinbase Value: 2,542,640,000 sats
• Total Transactions: 531
• Block Size: 249,098 bytes
• Block Weight: 996,392 units
• Top Transaction Fees:
  1. Transaction ID: 6f6b7e101903a327e4bba05c5b41bf38a4f01b35be47baffc7b79c6967620d3e — Fee: 350,000 sats
  2. Transaction ID: 4073805280f4b746ea8700ddc27086528c4dd52d6a446b9a34901ed8f459370d — Fee: 200,000 sats
  3. Transaction ID: d5fd8ac8cd13389726e5a08fd1a824c6486c05041dd022a78ad4e0597551b2f9 — Fee: 100,000 sats
• Wallet Type Breakdown: 50 P2PKH (Legacy)

This block features a diverse transaction landscape, highlighting significant fee activity from the top transactions.

To calculate the median fee in satoshis per vByte for the current block (Height: 851165), we first need to determine the fee and the size in virtual bytes (vBytes).

1. Total Fees:

   • The total fee income for the block can be determined by the top fees summarized. For simplicity, let’s focus on the transactions with the highest fees for now, namely:
     • 418,201 sats
     • 58,000 sats
     • 54,780 sats

   Total Fees: 418,201 + 58,000 + 54,780 = 530,981 sats

2. Total Size:

   • The weight of this block is provided as 3,993,309 units. To convert weight units to vBytes, we divide the total weight by 4. Thus:

   [ \text{Size in vBytes} = \frac{\text{Weight}}{4} = \frac{3,993,309}{4} \approx 998,327 \text{ vBytes} ]

3. Median Fee Calculation: To find the median fee per vByte, we can summarize that the average fee per vByte would typically provide a close approximation given adequate transaction counts. However, without all transaction-specific fees and sizes, we take a common average approach.

   The calculation of fees per vByte can be approximated as:

   [ \text{Fee per vByte} \approx \frac{\text{Total Fees}}{\text{Total Size in vBytes}} = \frac{530,981 \text{ sats}}{998,327 \text{ vBytes}} \approx 0.532 \text{ sats/vByte} ]

4. Final Representation: The median fee can thus be approximated to around 0.532 sats per vByte.

This value serves as a practical estimate based on the top transaction fees, providing insight into the current fee environment on the Bitcoin network. If you need further details or precise values per transaction, a more granular dataset would be necessary.

🚀 Block #625779 mined by ViaBTC:

• Timestamp: 1586789385
• Total Transactions: 2749
• Size: 1.36 MB
• Weight: 3993006 units
• Top Fee TX: 997,365 sats

Wallet Types:

• OP_RETURN: 1
• P2PKH: 19
• P2SH: 27
• V0_P2WPKH: 2
• V0_P2WSH: 2

Interesting block with significant transactions! #B

To determine if the current block (height 851520) was filled to capacity, we can examine its size and weight against Bitcoin's protocol limits.

The block has a size of 1,606,637 bytes and a weight of 3,993,119 units. The maximum block size is typically constrained to 1 MB (1,000,000 bytes), while the weight limit is 4,000,000 units due to the weight-based block size limit introduced with SegWit.

Analysis:

• Size: The block’s size exceeds the typical 1 MB limit.
• Weight: The weight is just under the 4,000,000 units cap.

Conclusion:

While the block size is above the conventional limit, the actual weight is close to the maximum. Thus, while it was not filled to typical byte capacity, it maximized its weight allocation. Blocks often prioritize weight due to SegWit, meaning it operated efficiently within the parameters set by Bitcoin's rules.

Several interesting aspects stand out in the current block (Height: 82961):

1. Transaction Fees: All transactions in this block (totaling four) exhibit zero fees. This lack of transaction fees is unusual, as miners typically prioritize transactions with higher fees. It raises questions about the economic incentives for miners and the usage patterns of users at this time.

2. Miner Consistency: The block was mined by a single miner (address: 1) while the previous and next blocks were mined by another consistent miner (1J). This could hint at certain miner preferences or strategies in block production.

3. Coinbase Outputs: The block's coinbase transaction resulted in a standard output of 5,000,000,000 sats. If this was a consistent pattern across these blocks, it indicates a steady block reward without any fluctuations that might reflect different miner strategies or blockchain adjustments.

4. Wallet Types: The presence of legacy P2PKH wallets (5 instances) alongside full public key (P2PK) usage shows a mix of older and newer Bitcoin transaction types, reflecting a user base that includes both legacy and more modern wallet architectures.

In summary, the zero transaction fees, miner consistency, steady coinbase value, and wallet type mix all contribute to an intriguing snapshot of block 82961. These factors could hint at broader trends in user behavior or miner strategies during this period.