Transaction

Hash
147efa0972d7868b2eacf02be9b50bf6cb71ae5eb6db92520b65101531351508
Block
566741 · 2019-01-24 14:29 · 96,919 confirmations
Data
memo-like
Size
271 bytes
Fee
278 sats (1.02583027 sat/B)

672d
Diffusion
Diffusion describes how the information spreads in a network. We have broadly touched on this topic already, but it’s interesting to note a couple of things in this section. Miners are clearly incentivized to rapidly spread signals across nodes in the network. However, there are other second-class citizens within the Bitcoin network. Normally, we would care about how diffusion reaches 100% of the nodes in the network. However, in Bitcoin the incentive for non-miners to search for information from miners means that the system only depends on diffusion of information across the mining nodes in the network.
In many presentations, Dr. Craig Wright has been adamant that Bitcoin mirrors biological processes and epidemic models to an astounding degree. Specifically, he references the propagation of transactions and blocks across the network as closely resembling the SEIR-C model of epidemiology (Susceptible, Exposed, Infection, Recovery, Carrier). Shortly after reading Complex ...
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Inputs (1)

Index
0
Previous Output
3044022077ebb0882b65453ab7b0b50ca766a344eb958c970f8f7d504ce3e5d2397c77e60220381b303c445b61fd6047e6b4495837009e8d284e0d11d361dd0f0b1137acd43241 03d578478e56c0dab8f10c0118977d9f292e7f65302182debda23632111d1a0231

Outputs (3)

Index
0
OP_DUP OP_HASH160 0d3534b68ed855e86e6c45e2c07e340948702f9c OP_EQUALVERIFY OP_CHECKSIG
Index
1
Type
OP_RETURN
OP_RETURN 6d04 c45bf79a84bf6694167b8cb64c4e2ebce5b4c8c1975fa98f436b31a506366728
Index
2
OP_DUP OP_HASH160 81d0145029f8f43545413bd67593e6df470ee0d4 OP_EQUALVERIFY OP_CHECKSIG

Raw

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