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Cintermediate
5 min read

Coinbase Transaction

The first transaction in every Bitcoin block, awarding the miner the block reward + fees. Not the exchange!

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What is Coinbase Transaction?

The first transaction in every Bitcoin block, awarding the miner the block reward + fees. Not the exchange!

Why It Matters

Understanding Coinbase Transaction is essential for anyone serious about Bitcoin. This concept forms a key building block of how Bitcoin works and why it's valuable.

Key Points

  • This is a core Bitcoin concept at the intermediate level
  • Related to: mining, transaction
  • Estimated reading time: 5 minutes
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