Hedraios on Nostr: What is coinbase? ________________ The coinbase is the first transaction in each ...
What is coinbase?
________________
The coinbase is the first transaction in each bitcoin block, which distributes the subsidy earned when a miner successfully validates it as well as the cumulative fees for all transactions included in the block. The coinbase transaction effectively creates new bitcoin.
#Bitcoin
#Plebchain
Published at
2023-10-28 15:06:04Event JSON
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"content": "What is coinbase? \n________________\n\nThe coinbase is the first transaction in each bitcoin block, which distributes the subsidy earned when a miner successfully validates it as well as the cumulative fees for all transactions included in the block. The coinbase transaction effectively creates new bitcoin.\n\n#Bitcoin\n#Plebchain\n\n",
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