01Definition
The first transaction in a block, created by the miner to claim subsidy and fees.
02Context
The first transaction in a block, created by the miner to claim subsidy and fees. This coordinate is placed in the wider system through its protocol, economic and historical relationships.
03Why it matters
Understanding Coinbase transaction helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
⌖Reference points
01
Linked to related atlas coordinates
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Grounded in a source record
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Explains function and trade-offs
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Part of the open Bitcoin knowledge graph