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Results tagged with coinbase-transaction
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user 21052
The transaction that pays the miner their block reward.—Use [coinbase.com] to refer to the US-based cryptocurrency company.
3
votes
Accepted
How are newly created bitcoins are validated?
The first transaction of each block is special according to the Bitcoin Protocol, and people give it a special name: generation transaction (because it can generate new bitcoins) or coinbase transacti …
- 12.2k
5
votes
Accepted
Why bother having limitations on Bitcoin Coinbase Transaction Scriptsigs?
The correct answer is: ask Satoshi.
My guessed answers to the questions you asked:
Why only one input? You can't predict when a particular coinbase transaction will make it into a successful block …
- 12.2k
16
votes
Accepted
Why does the default miner implementation use pay-to-pubkey?
Pay-to-PubKey (P2PK) and pay-to-PubKey-Hash (P2PKH) were both introduced in the original Bitcoin 0.1 release. P2PK was used by default for mining and payments received using the interactive IP-to-IP p …
- 12.2k