Protocol & Consensus • Estimated 50m

Coinbase Transaction

protocol.coinbase-transaction

Special first transaction in each block that collects subsidy and transaction fees.

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Curated resources (3)

• Bitcoin Developer Guide: Mining (article) Coinbase construction and miner incentives.
• Bitcoin Developer Guide: Transactions (article) Special rules for coinbase transactions.
• Bitcoin Core Academy: Consensus Model (article) Validation and subsidy schedule context.

Direct prerequisites (1)

• Halving Cycle

Direct dependents (0)

• None

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