Post
Topic
Board Development & Technical Discussion
Re: How does coin base transaction works?
by
Zaguru12
on 18/05/2023, 17:26:03 UTC
Being a new member of the forum, I need more information on how coin base transactions operate and how they vary from regular bitcoin transactions.

Why did they employ coin-based transactions when they could have used the more common ones that everyone is familiar with?


Coin base transactions are the first transaction in a block most of this transactions are usually created by the miner after creating a block.
The coin base transaction is usually unique because it requires close to 100 confirmations in the blockchain before been spent