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1 transaction block how its possible?
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Topic: 1 transaction block how its possible? (Read 3955 times)
picolo
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Re: 1 transaction block how its possible?
January 23, 2015, 02:59:03 PM
#21
Quote from: iglasses on January 21, 2015, 04:33:34 AM
I've seen 0 sent blocks on blockchain
I thought there was always at least one transaction : the transaction to send the mining reward.
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Whoever mines the block which ends up containing your transaction will get its fee.
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develCuy
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Re: 1 transaction block how its possible?
January 25, 2015, 06:56:46 AM
#22
Random algo starts at 0, so we can expect blocks with 0 transactions or just a few transactions with low amounts, yet the reward is still there. Ones all coins get found, things change, miners get rewarded with the fee, so not sure what will happen by then (on 2050 approx.).
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DannyHamilton
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Re: 1 transaction block how its possible?
January 25, 2015, 07:05:08 AM
#23
Quote from: develCuy on January 25, 2015, 06:56:46 AM
Once all coins get found things change. Miners get rewarded with the fee, so not sure what will happen then (on
2050
approx.).
You are mistaken. The last block subsidy won't occur until
2140
.
StephenMorse
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Re: 1 transaction block how its possible?
February 03, 2015, 06:57:31 PM
#24
Quote from: picolo on January 23, 2015, 02:59:03 PM
Quote from: iglasses on January 21, 2015, 04:33:34 AM
I've seen 0 sent blocks on blockchain
I thought there was always at least one transaction : the transaction to send the mining reward.
It's a network consensus rule that all blocks have to have at least one transaction (the coinbase transaction), and the first transaction has to be a coinbase transaction (1 input with a Null previous output). The relevant code:
https://github.com/bitcoin/bitcoin/blob/v0.10.0rc3/src/main.cpp#L2462-L2465
Also, for anyone interested, I did a writeup on the reasons that miners would be incentivized to only include their reward transaction on the Bitcoin Stack Exchange. The link is below. I found that of recent blocks, 1.3% have only the reward transaction, and 1.6% have fewer than 10 transactions in them.
http://bitcoin.stackexchange.com/questions/34089/how-often-does-a-block-have-only-one-transaction/34098#34098
iglasses
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Re: 1 transaction block how its possible?
February 12, 2015, 09:27:29 PM
#25
Block 343194 4 minutes 1 25.00 BTC F2Pool 0.25
Two blocks found almost at the same time.
I only have a signature because I'm allowed.
Mewtwo
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Re: 1 transaction block how its possible?
February 13, 2015, 10:31:35 AM
#26
Quote from: Rannasha on January 14, 2015, 07:48:15 PM
Quote from: elephantas1 on January 14, 2015, 07:47:15 PM
https://blockchain.info/block/000000000000000005171a134d8aa60ff465514266a5422477fe1489bd00dc2e
how is it possible to mine such block?
Miners can choose what transactions they want to include. If they don't want to include any transactions other than the one that pays them their 25 BTC, then that's their choice.
Haha what an effective and good answer! Good job.
PS. Why don't we have a tip bot for comments on this forum?
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picolo
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Re: 1 transaction block how its possible?
February 13, 2015, 11:10:21 PM
#27
Quote from: Mewtwo on February 13, 2015, 10:31:35 AM
Quote from: Rannasha on January 14, 2015, 07:48:15 PM
Quote from: elephantas1 on January 14, 2015, 07:47:15 PM
https://blockchain.info/block/000000000000000005171a134d8aa60ff465514266a5422477fe1489bd00dc2e
how is it possible to mine such block?
Miners can choose what transactions they want to include. If they don't want to include any transactions other than the one that pays them their 25 BTC, then that's their choice.
Haha what an effective and good answer! Good job.
PS. Why don't we have a tip bot for comments on this forum?
Or a reward for each post of more than 100 words
sgk
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Re: 1 transaction block how its possible?
February 16, 2015, 11:15:28 AM
#28
Quote from: Mewtwo on February 13, 2015, 10:31:35 AM
Quote from: Rannasha on January 14, 2015, 07:48:15 PM
Quote from: elephantas1 on January 14, 2015, 07:47:15 PM
https://blockchain.info/block/000000000000000005171a134d8aa60ff465514266a5422477fe1489bd00dc2e
how is it possible to mine such block?
Miners can choose what transactions they want to include. If they don't want to include any transactions other than the one that pays them their 25 BTC, then that's their choice.
Haha what an effective and good answer! Good job.
PS. Why don't we have a tip bot for comments on this forum?
There is no tip bot, but I guess the Bitcoin address of the users are listed on their profile page, so we can tip anyway.
It takes a bit longer than tipbot, but if you really want to tip, that works.
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