Bitcoin Forum
November 23, 2017, 02:22:32 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: coinbase transaction when block reward is 0  (Read 931 times)
jabetizo
Full Member
***
Offline Offline

Activity: 122


View Profile WWW
March 23, 2013, 10:52:00 PM
 #1

once all 21 million bitcoins have been mined, will a block be valid if its coinbase's output is 0 BTC (assuming there are no transactions with fees in the block)?

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511403752
Hero Member
*
Offline Offline

Posts: 1511403752

View Profile Personal Message (Offline)

Ignore
1511403752
Reply with quote  #2

1511403752
Report to moderator
1511403752
Hero Member
*
Offline Offline

Posts: 1511403752

View Profile Personal Message (Offline)

Ignore
1511403752
Reply with quote  #2

1511403752
Report to moderator
1511403752
Hero Member
*
Offline Offline

Posts: 1511403752

View Profile Personal Message (Offline)

Ignore
1511403752
Reply with quote  #2

1511403752
Report to moderator
Peter Todd
Legendary
*
expert
Offline Offline

Activity: 1106


View Profile
March 23, 2013, 11:45:37 PM
 #2

Blocks are already valid with the coinbase reward set to 0 - the reward is allowed to be less than the maximum allowed.

gmaxwell
Moderator
Legendary
*
qt
Offline Offline

Activity: 2338



View Profile
March 24, 2013, 02:04:18 AM
 #3

A corner case to keep in mind if we ever want to prohibit zero value outputs!

Bitcoin will not be compromised
Peter Todd
Legendary
*
expert
Offline Offline

Activity: 1106


View Profile
March 24, 2013, 02:10:43 AM
 #4

A corner case to keep in mind if we ever want to prohibit zero value outputs!

Ha, good point!

jabetizo
Full Member
***
Offline Offline

Activity: 122


View Profile WWW
March 24, 2013, 02:12:12 AM
 #5

A corner case to keep in mind if we ever want to prohibit zero value outputs!

i didn't know they were currently allowed, thanks Smiley

Sunny King
Legendary
*
Offline Offline

Activity: 1203



View Profile WWW
March 24, 2013, 04:36:00 AM
 #6

Coinbase shouldn't reach 0 until 4*32=128 years later.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!