Difference between revisions of "Coinbase"
(expand the stub a bit) |
|||
Line 1: | Line 1: | ||
For the Bitcoin business, see [[Coinbase (business)]]. | For the Bitcoin 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 an FT article: | ||
+ | The Times 03/Jan/2009 Chancellor on brink of second bailout for banks | ||
+ | |||
+ | ==See also== | ||
+ | |||
+ | * [[Transactions]] | ||
{{stub}} | {{stub}} |
Revision as of 04:16, 24 May 2013
For the Bitcoin 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 an FT article:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks