What is a coinbase transaction?
A. None of the above
B. The first transaction on a blockchain
C. The last transaction in a block
D. The first transaction in a block
Answer:D
What is a coinbase transaction?
A. None of the above B. The first transaction on a blockchain C. The last transaction in a block D. The first transaction in a block
Explanation: The coinbase transaction is the first transaction in a block. The blockchain uses this transaction to pay miners for mining the block and processing and validating transactions in the block. The funds are summed up and delivered to a miner using this transaction. It is unique since it has no inputs but produces outputs.