Cryptocurrency Q&A What is coinbase transaction in blockchain?

What is coinbase transaction in blockchain?

DondaejiDelightfulCharmingSmileJoy DondaejiDelightfulCharmingSmileJoy Sun Dec 01 2024 | 7 answers 1203
I'm trying to understand the concept of coinbase transaction in blockchain technology. Could someone explain what it is and how it fits into the blockchain ecosystem? What is coinbase transaction in blockchain?

7 answers

ethan_thompson_psychologist ethan_thompson_psychologist Tue Dec 03 2024
As an incentive for their efforts, miners are rewarded with newly created coins.

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Carlo Carlo Tue Dec 03 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services.

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Daniele Daniele Tue Dec 03 2024
The Coinbase transaction serves as the initial transaction within a block.

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DavidJohnson DavidJohnson Tue Dec 03 2024
It stands apart from other transactions because it doesn't necessitate inputs from prior transactions.

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Elena Elena Tue Dec 03 2024
A Coinbase transaction represents a distinctive form of cryptocurrency transaction.

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