Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: goldenbee on December 03, 2017, 06:54:33 AM



Title: Does a coin/token know where it is mined?
Post by: goldenbee on December 03, 2017, 06:54:33 AM

I want to trace the token/coin back to the coinbase transaction to get an address. Am I able to match that up if the miner has published it? Miners might be able to track back through the block distribution tree. Does a bitcoin know where it is mined?

But I have no idea yet, how to setup a fraudfree system for that. And if is possible at all to dig this deep.

any ideas?


Title: Re: Does a coin/token know where it is mined?
Post by: 0xcosmos on December 03, 2017, 02:17:53 PM
i have only tested it with btc
when you go to btc block explorer
every time a new block is mined
it provides the name of the pool which mined it
and then you can see the address with 12.5 btc in transaction


Title: Re: Does a coin/token know where it is mined?
Post by: goldenbee on December 04, 2017, 04:57:00 PM
Why look for the address with 12.5 btc in transaction?


Title: Re: Does a coin/token know where it is mined?
Post by: thisisverypointless on December 04, 2017, 05:07:41 PM
Why look for the address with 12.5 btc in transaction?

I think thats because the current block reward is 12.5 BTC.

So in theory you should look for the address that receives the block reward, as thats who has mined it!


Title: Re: Does a coin/token know where it is mined?
Post by: goldenbee on December 05, 2017, 08:13:07 AM
thanx! very good fact!