Post
Topic
Board Altcoin Discussion
Re: What is the profit for altcoin creators?
by
rnicoll
on 10/09/2015, 14:51:07 UTC
When i make transaction i pay fee for "supporting network". Explain where does this money go?

It goes to the miners, who use specialised hardware to solve mathematically hard problems (finding a value to place in the block header such that the SHA256 sum is below a derived value), the work referred to in "proof of work".