Difference between revisions of "Coinbase"
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− | + | :''For the business, see [[Coinbase (business)]].'' | |
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+ | 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 a newspaper article in The Times: | ||
+ | The Times 03/Jan/2009 Chancellor on brink of second bailout for banks |
Latest revision as of 12:10, 17 January 2020
- 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 a newspaper article in The Times:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks