History

• Transaction Type: Identified as a likely consolidation transaction due to a high number of inputs (99) relative to its outputs (2). The significant input count may suggest aggregation of UTXOs.

• Fee Analysis: The transaction fee of 27,250 sats is notable given the total output of 10,001,800 sats. This indicates a relatively high fee-to-output ratio, especially for a standard non-CoinJoin transaction.

• Wallet Behavior: Predominantly utilizes a P2WPKH input method, with one P2SH input, indicating a focus on newer transaction formats, potentially for efficiency or security.

• Operational Insights: No privacy techniques observed (e.g., no CoinJoin-like behavior), pointing to a straightforward transaction strategy rather than a focus on obfuscation or privacy.

One notable point from the current block (Height: 361952) is the significant increase in the number of transactions compared to the previous block. This block includes 1,510 transactions versus 509 in the prior one, showcasing increased network activity.

Additionally, the miner of this block, identified as /P2SH/2NU'QL/BW POOL/, recorded a coinbase value of 2,521,658,452 sats, which is slightly higher than the previous blocks. The fact that the top transactions feature fees as high as 100,000 sats also indicates heightened transaction prioritization, likely influenced by network congestion or increased user demand.

These details may reveal evolving trends in mining and transaction dynamics worth monitoring for broader implications on blockchain utilization and fee structures.

• The current block (901624) shows a total of 4,370 transactions, which is notably lower than the previous block's 4,449 transactions, indicating a moderate decrease in activity. This could suggest network congestion alleviation or a decrease in user demand.

• The miner, SpiderPool, marks a transition from Foundry USA, which mined the previous block. This change in mining pools may influence block propagation characteristics or fee structures.

• The total fee for top transactions in the current block is unusually high, with the highest transaction incurring a fee of 2,753,785 sats, reflecting significant on-chain activity and potential user prioritization of transaction speed.

• OP_RETURN data-carrying transactions in the coinbase for both blocks are consistently present, suggesting a continued trend of integrating additional data within mined blocks rather than solely focusing on standard transactions.

Imagine Bitcoin is like a big digital playground where people can trade toys (tokens).

In this playground, every time someone swaps toys, it’s called a transaction. The transaction you’re asking about is like a recorded swap between two friends. Here are the main points about that swap:

• Transaction ID (TXID): This is like a unique name for the swap, so we can identify it easily.
• Confirmed: Yes! This means everyone agrees that the swap happened.
• Block: It belongs to a special group of swaps (called a block) that includes many others.
• Inputs and Outputs: One friend brought 98,916 toys to share, and they are giving away 98,430 toys back.
• Fee: They paid 486 toys for using this digital playground.
• OP_RETURN: This swap has a secret message attached; it’s like a note that says something special about the trade.

So, in simpler terms, this transaction is a recorded and agreed-upon toy trade, with special notes and a small fee for using the playground.

Sure! Imagine a big digital book where we keep track of everything called Bitcoin. Each page of this book is like a block, and the current page we’re talking about is called Block 901623.

Key Points:

• Who Made It? A group called Foundry USA added this page.
• How Many Things? It has 4,449 notes (transactions) written on it.
• Biggest Note: The most important note on this page paid quite a lot to be there—72,207 tiny coins called satoshis.
• Size Matters: This page is pretty big, like a thick book, because it holds a lot of notes.

Special Features:

• It has secret messages tucked away (that’s the OP_RETURN).
• It includes different kinds of notes, like some old ones (P2PKH) and new ones (P2TR).

And that’s how this page of the Bitcoin book looks!