Thread

Happy 😊 birthday 🎂 week to me … all the numbers are going wild 😜 & I LOVE ❤️ IT

That is just empty block mining, happens all the time. Btw that 1 transaction is the coinbase transaction (rewarding miners with the block subsidy + fees)

How can that happen all the time? 🤔

note10lw2sj7khapyaxt8z275zn7kpjams5afn3c7parcpq0ef8zkhgnsmey7sv

Yah I read your note earlier. And I get it although I'm not sure if I completely agree with it all. But still, only 1 transaction is wild!

Miners don’t have to include transactions in a block, it’s voluntary. They just do it because of the transactions fees that they earn from including them. Mining pools send an empty block template to the miners first, because it’s faster to send (less data) so they can already start mining and only later send a new block template that includes transactions. Sometimes a block gets found in the time between those two templates, resulting in an empty block.

It’s a weekend. Half of the planet is sleeping. Many are on custodial wallets of exchanges. And most of it is in cold storage. Batching and L2s are working. For now.

Or* exchanges

Well... I don't know. Even with all the parameters you take into account, which are real and logical, I still feel like it is impossible to have only one transaction to process. But actually nostr:nprofile1qqs9g63l34u34p9ys7wuxr22a82w6zh0858pfy47vjdwmg3n005qvjqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3samnwvaz7tmjv4kxz7fwwdhx7un59eek7cmfv9kqz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyel9n07 gave me what I would think it's the most plausible explanation. ☺️

That’s also correct :)