Title:
Understand the results of the transaction currency and blockchain ethhereum: why the awards are smaller than expected
Entrance
Blockchain Ethereum is a decentralized open source platform that allows you to create intelligent contracts and decentralized applications (DAPP). One of the key functions of the Ethereum Network is the concept of a coin transaction, which allows users to send and receive the value of the chain without the need to send it manually. However, one of the most interesting aspects of Blockchain Ethereum is the way to calculate transaction outputs.
Why the results of the coinbase transaction are greater than the prize
If the sum of the output of the currency transaction must be less than or equal to the current award (currently 25 BTC), why do the blocks have a slightly higher transaction transaction yield? At first glance, this may seem contrary to intuition. We will immerse ourselves more deeply in justification.
THE CONCEPT OF COIN TRANSACTION OUTPUTS
In Blockchain Ethereum, each block contains many transactions known as Coinscopes results or transactions. Each transaction output represents a specific value that is sent or received in a chain. The total value of all transaction outputs in the block must be less than or equal to 1 BTC (1,000 USD).
Couinbase results are slightly higher
One of the reasons why the results of Coinbase transactions are slightly higher than the prize is the way in which the Ethereum network admits transactions and awards. When the user sends cryptocurrencies to another user in the chain, he receives a certain number of coins transactions that represent the value sent.
For example, if the user sends 10 BTC to the recipient, he will also receive 10 coins transactions (one for each BTC). These monetic transactions are used to calculate the Górnik prize, which verified the block and added it to Blockchain. However, Coinbase transactions outputs do not correspond directly to the real awards received by the user.
Why the prize is not equal to the exits of the currency
The reason why the prize is not equal to the exit of the currency is the combination of factors:
- Transaction complexity : The Ethereum Network has complex transaction algorithms that determine how many transactions of each block transaction.
- Gas price : gas prices used to measure the computer force required to make blockchain transactions may vary according to market conditions and other factors.
- Block reward assignment : The block prize is assigned on the basis of a formula that takes into account several parameters, including the complexity of the transaction, gas assessment and network overload.
Application
In summary, the results of the Coinbase transaction are slightly higher than the prize to take into account the complexity of the Ethereum Network and guarantee effective transaction processing. Although this may seem contrary to intuition, this is the basic aspect of Blockchain Ethereum architecture.
Because Ethereum’s ecosystem is growing and constantly maturing, understanding how the work of coins transactions will be increasingly important for programmers, miners and users.