A coinbase is a transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... that spends or creates newly minted coins. It is the first transaction in a blockA block is a specific type of construct in a blockchain that stores transactional information blocks typically contain transaction information.... A coinbase usually pays out a rewardA reward is an incentive given to a miner who successfully hashes a transaction block. The reward for completing a... to miners for the successful creation of a new block on the blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.....
