Bitcoin Forum
June 14, 2024, 08:21:47 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Virgin coins only 25 and 50?  (Read 595 times)
bitpop (OP)
Legendary
*
Offline Offline

Activity: 2912
Merit: 1060



View Profile WWW
December 29, 2013, 06:31:31 AM
 #1

I understand there is no "Bitcoin" only inputs. And so far we have only had 25 and 50 inputs right?

But then again p2pool I think found a way to split those before they are confirmed into smaller units.

So every input has a parent of 25, 50 or a p2pool split?

Foxpup
Legendary
*
Offline Offline

Activity: 4396
Merit: 3062


Vile Vixen and Miss Bitcointalk 2021-2023


View Profile
December 29, 2013, 06:55:35 AM
 #2

The generation transaction is exactly like any other transaction in all respects other than that it has no inputs. It can have as many or as few outputs as the miner likes, which may be to addresses, public keys, or scripts in any combination, as long as the total value of all outputs is less than or equal to the block reward plus transaction fees.

In most pools, the generation transaction pays the pool directly in a single output, then the pool pays the miners separately, but with p2pool, Eligius, and perhaps a few other pools, the generation transaction has many outputs which pay all the miners individually. Other schemes are possible (any scheme involving fancy scripts works just fine in the generation transaction), though no miners are actually doing this as far as I'm aware.

Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!