Coinbase Transaction
The first transaction in a Bitcoin block, created by the miner to collect the block subsidy and transaction fees.Definition
The first transaction in a Bitcoin block, created by the miner to collect the block subsidy and transaction fees.Why it matters
Bitcoin-specific terms explain the architecture, monetary policy, and transaction model of the first major blockchain network.Related knowledge
- Bitcoin — term
- Mining — term
- Proof of Work — term
- UTXO — term
Canonical knowledge ID:
glossary:coinbase-transaction