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@ -44,35 +44,6 @@ discussion about fees--so we're going to ignore them in this chapter.
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</div>
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++++
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[NOTE]
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====
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When we((("transactions", "coinbase")))((("coinbase transactions"))) say "transactions" in this chapter, we refer to every
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transaction in a block except for the first transaction. The first
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transaction in a block is a _coinbase transaction_, described in
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<<coinbase_transactions>>, which allows the miner of the block to
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collect their reward for producing the block. Unlike other
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transactions, a coinbase transaction doesn't spend the output of a
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previous transaction and is also an exception to several other rules
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that apply to other transactions. Coinbase transactions don't pay
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transaction fees, don't need to be fee bumped, aren't subject to
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transaction pinning, and are largely uninteresting to the following
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discussion about fees--so we're going to ignore them in this [.keep-together]#chapter.#
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====
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[NOTE]
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====
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When we((("transactions", "coinbase")))((("coinbase transactions"))) say "transactions" in this chapter, we refer to every
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|
transaction in a block except for the first transaction. The first
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transaction in a block is a _coinbase transaction_, described in
|
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<<coinbase_transactions>>, which allows the miner of the block to
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collect their reward for producing the block. Unlike other
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transactions, a coinbase transaction doesn't spend the output of a
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previous transaction and is also an exception to several other rules
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that apply to other transactions. Coinbase transactions don't pay
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transaction fees, don't need to be fee bumped, aren't subject to
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transaction pinning, and are largely uninteresting to the following
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discussion about fees--so we're going to ignore them in this [.keep-together]#chapter.#
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====
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The criterion that almost all miners use to select which transactions to
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include in their blocks is to maximize their revenue. Bitcoin was
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