Why did they employ coin-based transactions when they could have used the more common ones that everyone is familiar with?
Caye regular transactions have inputs and outputs, but coinbase transaction does not have any inputs as they are basically created out of thin air and serve as the bitcoin generation method to get new coins into circulation.
How can we use it during bitcoin transactions if it is stronger than a standard transaction?
What do you mean stronger? Coinbase transactions are recorded in the block along with other transactions with the same level of difficulty. The bitcoins involved are higher valued cause they are newly minted and have never been involved in any other transaction prior to that.
- Jay -