History

Understanding Bitcoin Block 894081

Overview:
Block 894081 is a part of the Bitcoin blockchain that contains various transactions and data. It's like a digital ledger, where each block stores a group of transactions that have been confirmed.

Key Details:

• Height: 894081 indicates its position in the blockchain.
• Timestamp: 1745688849 helps to know when it was mined.
• Miner: Foundry USA was responsible for mining this block.
• Coinbase Value: 317,330,990 sats means this block rewarded the miner with that amount of new bitcoins.
• Total Transactions: There were 3,824 transactions included in this block, showcasing lots of activity.

Additional Information:

• Size: The block's size is 1,659,224 bytes, which affects how much data it can hold.
• Weight: At 3,993,818 units, this metric can influence how the block is processed by nodes.
• Top Transactions by Fee: Notable high-fee transactions indicate that users were likely willing to pay extra for quicker processing.

Wallet Types Breakdown:
This block contained a variety of transaction types:

• OP_RETURN: 4 transactions stored extra data.
• P2PKH (Legacy): 6 transactions used traditional wallet addresses.
• P2SH (Scripts): 5 transactions utilized scripts for more complex processing.
• P2WPKH & P2WSH: 13 and 4 transactions respectively used newer SegWit formats.
• P2TR: 11 transactions utilized Taproot, enhancing privacy and efficiency.

TL;DR

Block 894081, mined by Foundry USA, included 3,824 transactions and awarded 317,330,990 sats to the miner. It showcases various transaction types, with 55,500 sats as the highest fee in one of its transactions.

In the vibrant tapestry of Bitcoin’s history, Block 894081 stands out with its sheer size and complexity. Mined by Foundry USA, this block emerged in an era marked by growing adoption and innovation, timestamped at 1745688849. It contained a staggering 3,824 transactions, encapsulated within a hefty 1,659,224-byte size, showcasing the network's efficiency and vitality.

What’s particularly intriguing about this block is its coinbase value, an impressive 317,330,990 satoshis. Such a sizable reward indicates the ongoing competition among miners while highlighting the economic incentives driving participation in the network. Among these transactions, the top three fees were significant, with the highest reaching 55,500 satoshis, illustrating how users were willing to pay extra for priority in confirmation.

Additionally, this block contained OP_RETURN outputs, as four transactions integrated data-carrying features, showcasing the potential for embedding information within the blockchain. The variety of wallet types represented also adds to its intrigue: legacy transactions, script-based interactions, and the newer SegWit formats were all present, reflecting the evolution of Bitcoin’s user base and transaction methods.

As Bitcoin continues its journey through the ages, block heights such as 894081 serve as milestones, through which we can trace the growing intricacies of its ecosystem. Each miner, transaction, and fee intertwines, forming a narrative that not only tells the tale of digital currency but also reflects humanity’s ongoing quest for a decentralized financial future.

In summary, Block 894081 represents a significant chapter in Bitcoin’s ongoing saga, characterized by an impressive transaction count, substantial fees, and diverse wallet activity—all elements that make this block a noteworthy point in the timeline of cryptocurrency.

In the ongoing saga of Bitcoin's history, block height 894080 stands out as a significant milestone, mined by ViaBTC. With a timestamp that reveals a moment of digital transformation, this block encapsulated the essence of blockchain's potential. It carried a coinbase value of 319,637,333 satoshis, a sum that reflects the miner's reward amidst the bustling activity of 3,425 transactions, etching an indelible mark in the Bitcoin ledger.

This block was especially unique due to its inclusion of OP_RETURN data in the coinbase transaction, signifying a creative use of blockchain beyond mere financial transfer. The block’s size reached 1,530,578 bytes, and its weight approached 3,993,458 units, showcasing the increasing complexity and size of transactions as the network matured.

Among the intricate tapestry of transactions, notable entries emerged based on fees. Leading the charge was a transaction with a hefty fee of 48,800 satoshis, followed by others that raked in 36,750 and 32,000 satoshis respectively. This financial dynamic speaks to the growing demand for Bitcoin and the economic forces at play in its network.

Furthermore, a detailed breakdown of wallet types revealed diversity in transaction methods, including 4 OP_RETURN data-carrying transactions, 22 legacy P2PKH, and 22 V0_P2WPKH transactions. Such figures highlight the varied ways users engage with this digital currency, enriching its ecosystem and demonstrating its adaptability.

In conclusion, block 894080 wasn’t just another entry in the Bitcoin blockchain; it was a microcosm of innovation, growth, and the intricate financial conversations taking place within the crypto sphere. The blockchain was evolving, and this block served as a symbol of both the challenges and possibilities that lay ahead in the tantalizing realm of Bitcoin.

Block Analysis for Height 894061

Timestamp: The block was timestamped at Unix time 1745672151, which corresponds to a future date from today.

Mining and Value: This block was mined by Ocean Pool and has a total coinbase value of 313,341,345 sats. The presence of an OP_RETURN signifies that some data was embedded in the coinbase transaction.

Transactions Summary: The block contains 1,251 transactions with a data size of 896,794 bytes and weighs 2,364,268 units, indicating it is relatively large and likely congested in terms of transaction volume.

Transaction Fees: The top transactions by fee reflect a healthy competition for inclusion in this block:

1. a5c3694abf... with a fee of 11,400 sats
2. e5757eb9e... with a fee of 8,445 sats
3. 4d09f3136... with a fee of 7,700 sats

Wallet Types Breakdown: There is a diverse range of wallet types used in this block:

• OP_RETURN: 3 transactions
• P2PKH (Legacy): 13 transactions
• P2SH (Script): 9 transactions
• V0_P2WPKH: 56 transactions
• V0_P2WSH: 13 transactions
• V1_P2TR: 4 transactions

TL;DR

Block 894061, mined by Ocean Pool, contains 1,251 transactions with a total size of 896,794 bytes. The top fee transaction is 11,400 sats. Noteworthy diversity in wallet types suggests varied user engagement. With significant coinbase value, it showcases active blockchain usage.

Bitcoin Block Summary for Block Height: 894061

Basic Information:

• Timestamp: The block was created at epoch time 1745672151.
• Miner: The block was mined by Ocean Pool.
• Coinbase Value: It contained a reward of 313,341,345 satoshis, which is the reward for the miner.

Transaction Details:

• Total Transactions: This block included 1,251 transactions, showing significant activity.
• Size: It occupied 896,794 bytes of space on the blockchain.
• Weight: The block's weight was calculated to be 2,364,268 units. This is a metric used to determine block limits in the Bitcoin network.

Top Transaction Fees:

1. Transaction a5c369...4cd41: Fee of 11,400 sats.
2. Transaction e5757e...0d1229: Fee of 8,445 sats.
3. Transaction 4d09f3...bf740: Fee of 7,700 sats.

Wallet Types Breakdown:

• Data-carrying txs: 3 transactions used the OP_RETURN feature.
• P2PKH (Legacy): 13 transactions.
• P2SH (Script): 9 transactions.
• V0_P2WPKH: 56 transactions.
• V0_P2WSH: 13 transactions.
• V1_P2TR: 4 transactions.

TL;DR

Block 894061, mined by Ocean Pool, contains 1,251 transactions with a coinbase value of approximately 313 million satoshis. It highlights significant transaction activity with varied wallet types used.