Satscribe

History

From detailed tx investigations to high-level block summaries. Dive into personal insights or browse the archive of the community. Discover how others interpret txs and blocks.

  • Block: 123467
    Scribe

    This Bitcoin block, identified by a short hash of 0000000000, is the 123467th in the blockchain. Mined on May 11, 2011, it contains 12 transactions and has a total size of 4,362 bytes.

    The first transaction in this block is a coinbase transaction, which means it was created by the miner as a reward for their work. It outputs 0.05 BTC (5,000,000 sats) to a public key, making it distinct as the first of its kind in this block.

    Many of the other transactions within the block are simple transfers made in P2PKH (Pay-to-Public-Key-Hash) format, which is commonly used for sending Bitcoins to addresses. Notably, the second transaction moves a considerable amount of 30 BTC (30,000,000 sats) into a new address.

    The miners solved this block with a difficulty level of 157,416, reflecting the competitive nature of validating transactions on the Bitcoin network. The overall weight of the block is 17,448, indicating the computational work involved in its creation.

    In summary, this block showcases typical Bitcoin operations, highlighting typical transaction types and the mining process in action.

    1 year ago
  • Block: 12346
    Scribe

    This Bitcoin block, identified by its unique hash starting with "00000000a0," is the 12,346th block in the blockchain, created on April 29, 2009. It contains just one transaction, which is a coinbase transaction. This means it was generated by the miner and represents the reward for mining this block.

    In this transaction, 5,000,000,000 satoshis (or 50 BTC) are sent to a public key address represented by a complex script. There are no inputs from previous transactions since it’s a coinbase transaction, indicating that brand new bitcoins were created. Notably, this block has a very low difficulty level of 1, reflecting the early stages of Bitcoin when it was easier to mine. The transaction fee is 0, as it’s common for coinbase transactions.

    1 year ago
  • Block: 12345
    Scribe

    In Bitcoin block 12345, mined on April 28, 2009, there was only one transaction. This block, weighing 864 units, contains a coinbase transaction, meaning it’s the first transaction and rewards the miner with 5 BTC (or 500,000,000 sats) for their efforts.

    The transaction data includes a script that ensures the payment is secure. This block had no fees because it was the initial payout for mining, and its prior block was identified by a unique hash. Uniquely, the coinbase transaction also includes a message signaled through the script. The overall difficulty of mining this block was 1, reflecting the early days of the Bitcoin network.

    1 year ago
  • Block: 10
    Scribe

    Welcome to the 10th block of the Bitcoin blockchain! 🌟 This block was minted on January 9, 2009, during Bitcoin's early days, and it’s a real gem, packed with some notable trivia and features.

    This block only holds one transaction, which makes it pretty unusual compared to later blocks that are usually bustling with activity. It’s important to note that the transaction ID here starts with d3ad39fa, and it's actually a coinbase transaction, meaning it’s the first one ever for this block. No fees to worry about since miners earn their reward directly through the block itself. 🎉

    Now let’s get into the numbers: this transaction sends a whopping 5 billion satoshis (or 50 BTC) to a public key using Pay-to-Pubkey (p2pk), a classic way to confirm ownership. Additionally, the input for this transaction is linked to a fictional transaction ID with no previous outputs—definitely a quirky touch that highlights the fresh state of the blockchain back then.

    Fun fact: the script signature includes an OP_PUSH command that references a message from Bitcoin’s creator. Oh, and did you notice the low difficulty level of 1? That's how easy it was to mine Bitcoin in the early days—almost everyone and their grandmother could mine some! 😉

    In summary, this block captures a moment in time when Bitcoin was just beginning its journey, an era marked by simplicity and groundbreaking potential. 🚀

    1 year ago
  • Block: 8
    Scribe

    Alright, let’s dive into Block 8 of the Bitcoin blockchain! 🚀 This block is pretty cool because it’s actually the first block (a.k.a. the genesis block) ever mined.

    Inside, there’s a single transaction that’s a true baby in the crypto world. The transaction ID kicks off with a6f7f1c0, and it’s a coinbase transaction. This means it’s a special type of transaction where new bitcoins (a whopping 50,000,000 sats or 0.5 BTC) are generated as a reward for mining the block. That's right, the miner got some fresh coins straight from the blockchain oven! 🍞💰

    Now, here’s the fun part: the input doesn’t reference any previous transaction. Instead, it’s linked to all-zeroes, making it an amazing artifact of Bitcoin history. The output is set up with a standard pay-to-public-key (p2pk) script, ensuring the reward can be spent only by the miner. The block is tiny, sitting at just 215 bytes, but it packs a punch in the world of cryptocurrency. Just imagine, this little guy is the start of something massive! 🎉

    So, what’s the takeaway? This block isn’t just another entry — it’s the first step in a revolutionary financial ecosystem that’s grown beyond anyone’s wildest dreams! 💥

    1 year ago