History

Bitcoin Block Analysis: Height 893529

Block Summary:

• Height: 893529
• Timestamp: 1745337439
• Miner: F2Pool
• Coinbase Value: 316,686,105 sats
• OP_RETURN in Coinbase: Yes
• Total Transactions: 3165
• Size: 1,700,513 bytes
• Weight: 3,998,264 units

This block, mined by F2Pool, features a noteworthy coinbase value of 316,686,105 sats and includes an OP_RETURN transaction, highlighting its support for data. The block size and weight indicate a significant amount of processing and transaction activity.

Top Transactions by Fee:

1. Transaction ID: d19e752fa6cf6870827bce060347a30f691e32a098984b952dd92987dec37f85 (Fee: 32,000 sats)
2. Transaction ID: c1c108e7c568d37815c5401d56df304589386a1f5b48990172e839276fcfe486 (Fee: 32,000 sats)
3. Transaction ID: 38f741e51597f5dbb984943cbb42cecf120e35f235990e56690b5ee88ebaf5d2 (Fee: 32,000 sats)

The top transactions in this block all share the same substantial fee, indicating competitive bidding for block space.

Wallet Types Breakdown:

• OP_RETURN: Data-carrying txs: 7
• P2PKH: Legacy (starts with 1): 5
• P2SH: Script (starts with 3): 5
• V0_P2WPKH: 23
• V1_P2TR: 3

The breakdown of wallet types reflects a mix of transaction styles, including a growing number of P2WPKH (Pay to Witness Public Key Hash) transactions, demonstrating the ongoing shift towards more efficient transaction formats.

Overall, this block showcases both high transaction volume and diverse use cases within the Bitcoin blockchain, emphasizing the evolving landscape of Bitcoin transactions and miner activity.

Bitcoin Transaction Breakdown

This Bitcoin transaction has the unique identifier (TXID) 49cc79e3d776b315d5b6b4e7717de7193bf091f2b9e40b385472b7069f347efc and has been confirmed, meaning it’s officially recorded on the blockchain. It was included in block #891443 and incurred a transaction fee of 362 satoshis.

The inputs show that 42,519,448 satoshis were sent in, while the outputs indicate that 42,519,086 satoshis were sent out. This transaction consists of one input and two outputs, meaning some bitcoins were received by different wallets.

The wallets involved are categorized as v0_p2wsh (2 instances) and v0_p2wpkh (1 instance), which are different types of Bitcoin address formats. Notably, this transaction does not contain any OP_RETURN data, which is typically used for embedding messages.

Additionally, the transaction does not resemble CoinJoin or consolidation behavior, meaning it’s likely a straightforward transfer without any mixing or combining of funds. Overall, there’s nothing particularly historically significant noted about this transaction, but it illustrates a common type of Bitcoin activity.

In analyzing the Bitcoin block at height 344444, we can glean quite a bit from the data provided. This block was mined at a UNIX timestamp corresponding to late February 2015, reflecting a time when Bitcoin was undergoing significant growth and adoption.

The miner associated with this block is listed as "Unknown Miner," which is not unusual for blocks mined in this era, as many miners operated under pseudonyms or simply did not disclose their identities. The coinbase transaction in this block had a value of 2,506,294,050 satoshis, indicating a reward for the miner that included the typical block reward along with any transaction fees collected from the included transactions.

With a total of 438 transactions in this block, which is a relatively high count, we can see that the Bitcoin network was becoming increasingly active. The block size at 242,032 bytes and weight at 968,128 units also show that it was efficiently packed with data, owing to the mixture of transaction types and values.

Notably, there were no OP_RETURN outputs in the coinbase, suggesting that this block did not contain any scripts for data storage, which might have been more common in later blocks as developers began using Bitcoin for innovative purposes beyond mere transactions.

When it comes to the transaction fees, it's interesting to highlight the top three transactions. The highest fee of 150,000 satoshis for the transaction with ID 0c4da258ac0690e93f2b696a4055b74a445840d3ddea2937096c4110fbd685c5 indicates a strong incentive for miners to include certain transactions, likely due to time-sensitive transfers or high-value transactions.

Regarding wallet types, the breakdown shows that there are mostly legacy Pay-to-Public-Key-Hash (P2PKH) transactions, making up 41 transactions. Only one Pay-to-Script-Hash (P2SH) transaction was recorded. This indicates that advanced wallet types, such as SegWit and Taproot, were not utilized in this block, as they had not yet been broadly adopted or even implemented at this time. The absence of SegWit is particularly salient, as it later became a critical upgrade for the Bitcoin network aimed at increasing efficiency and reducing fees.

In conclusion, this block serves as a snapshot of the Bitcoin blockchain in 2015, illustrating the transition from simpler transaction types to more complex and efficient systems in the years that followed, paving the way for innovations in how Bitcoin is used today.

Let's break down the Bitcoin block with the given data.

Block Summary

• Height: 893,417
• Timestamp: Indicates when the block was mined (1745269394 in Unix time).
• Miner: The miner is labeled as "Unknown Miner," meaning we don't know who mined this block.
• Coinbase Value: The miner received 319,216,497 satoshis (or about 3.19 BTC) as a reward for mining this block.
• OP_RETURN in coinbase: There is data attached to the coinbase transaction, flagged by "Yes."
• Total Transactions: This block contains a total of 4,597 transactions.
• Size: The block size is 1,672,221 bytes, which indicates how much data it contains.
• Weight: Weight is measured in blocks' weight units, which is 3,993,492 units for this block.

Top Transactions by Fee

The three transactions with the highest fees in this block are:

1. Transaction ID: 4a96be2ab242386901b7999fa5f76110201d17e9e46b63a30d499970b0d15e1e with a fee of 67,340 satoshis.
2. Transaction ID: 09f4ca1c0d86521136fb08810b41274b3ea868e272041c69a1a76bc91b343cd6 with a fee of 53,400 satoshis.

In the heart of the blockchain, Block 893417 emerged as a notable key in Bitcoin’s evolving narrative. Mined by an unknown miner, this massive block bore a timestamp of 1745269394, symbolizing a moment in time when the Bitcoin community was abuzz with activity. With a coinbase value of 319,216,497 sats, it illustrated not just the miner's reward but the enthusiasm of an ever-growing ecosystem.

The block showcased a robust foundation of 4,597 transactions packed into a vast 1,672,221 bytes of data, epitomizing the Bitcoin network’s resilience. Impressively, it had a weight of 3,993,492 units, indicating a heavy influx of transactions in a single block. The activity wasn't just bustling; it was strategic, with top transactions boasting hefty fees—the highest, a remarkable 67,340 sats.

Among the wallet types, a vibrant collection emerged, including 33 V0_P2WPKH transactions and 3 OP_RETURN instances, where data was etched upon the blockchain. This blend of legacy and modern wallet formats painted a vivid picture of user preference and technological adaptation.

As Bitcoin continued to evolve, so too did the intricate dance of miners, users, and transactions, each layer adding depth to the ever-unfolding Bitcoin saga. This block, filled with opportunity and innovation, is a testament to the relentless spirit of the Bitcoin community and the intriguing future that beckons. Through each hash and transaction, the story of Bitcoin grows richer, hinting at the transformative potential yet to unfold on this decentralized frontier.