Difference between revisions of "Coinbase"
(It only proofs that the article existed at the time the first block of the main chain was generated. Not that any other chain existed before the main chain.) |
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| − | For the | + | :''For the business, see [[Coinbase (business)]].'' |
| − | + | The '''coinbase''' is the content of the 'input' of a generation [[transaction]]. While regular transactions use the 'inputs' section to refer to their parent transaction outputs, a generation transaction has no parent, and creates new coins from nothing. | |
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| + | The coinbase can contain any arbitrary data. The [[genesis block]] famously contains the dated title of an FT article: | ||
| + | The Times 03/Jan/2009 Chancellor on brink of second bailout for banks | ||
Revision as of 15:46, 26 January 2018
- For the business, see Coinbase (business).
The coinbase is the content of the 'input' of a generation transaction. While regular transactions use the 'inputs' section to refer to their parent transaction outputs, a generation transaction has no parent, and creates new coins from nothing.
The coinbase can contain any arbitrary data. The genesis block famously contains the dated title of an FT article:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
