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Code Issues Releases Wiki Activity

CH12: introduce the term "subsidy"

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develop
David A. Harding 1 year ago
parent 1f8c932436
commit 668827b1cb
1 changed files with 1 additions and 1 deletions
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ch10.asciidoc
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@ -94,9 +94,9 @@ transactions.
and fees")))((("Proof-of-Work algorithm")))((("mining and consensus", and fees")))((("Proof-of-Work algorithm")))((("mining and consensus",
"Proof-of-Work algorithm")))Miners receive two types of rewards in "Proof-of-Work algorithm")))Miners receive two types of rewards in
return for the security provided by mining: new coins created with each return for the security provided by mining: new coins created with each
new block, and transaction fees from all the transactions included in
the block. To earn this reward, miners compete to solve a difficult the block. To earn this reward, miners compete to solve a difficult
mathematical problem based on a cryptographic hash algorithm. The mathematical problem based on a cryptographic hash algorithm. The
new block (called the _subsidy_), and transaction fees from all the transactions included in
solution to the problem, called the Proof-of-Work, is included in the solution to the problem, called the Proof-of-Work, is included in the
new block and acts as proof that the miner expended significant new block and acts as proof that the miner expended significant
computing effort. The competition to solve the Proof-of-Work algorithm computing effort. The competition to solve the Proof-of-Work algorithm

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