Signum Explorer - Transaction #12243334310342289234

Transaction ID
12243334310342289234

Height	625379 718211 Block Confirmations
Type	Arbitrary Message
Timestamp	5 years, 5 months ago (2019-05-27 18:10:59 UTC)
From	S-CM9N-WQ49-NV7U-9DE7G Rasp1
To	S-XDYT-2SJ6-XYSY-5D6NZ
Value
Fee	5.0 SIGNA ($0.0072)
Version	1
Deadline	1440
Block Timestamp	5 years, 5 months ago (2019-05-27 18:23:37 UTC)
EC Block ID	11375004255946373891
EC Block Height	625369
Has message	yes
Has encrypted message	no
Has Public Key Announcement	no
Has Encrypttoself Message	no
Sender Public Key	348FF2AEEAEF21E0E7A8FCC66782E9705D2FD2070101BF6A15CF3B0A10D47457
Signature	164C20C528DD1C155EC3D7A27960B8EDF1642C88A38193FAE18DD2D2FFDA9F031E11A8320331A6154C60AD2123B07EB8FF9F45B042BAD4FDA8129219E04B5220
Full Hash	52E74DF2AF0FE9A9DA5F2418CCE8DF1E9025FFF2E34848178C171B5710D6255E
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. Then mining only requires to read through your cache – your HDD is idle most of the time and reads through the plot files only for a few seconds for each block.
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Transaction ID 12243334310342289234

Transaction ID
12243334310342289234