In the world of cryptocurrencies, we find different types of transactions, and one of them is the Coinbase transaction. This transaction plays a fundamental role in the system of creating new coins that have never been spent. Importantly, this special transaction takes place on all blockchains.
The Coinbase transaction had its origins in the Bitcoin blockchain. This transaction does not represent an exchange between two people, but is a special transaction found in the genesis block. This transaction is responsible for generating the rewards for the miners. For this reason, the reward transactions that miners receive are known as Coinbase transactions.
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