clearmined on Nostr: Block Quote: 823834 'The incentive can also be funded with transaction fees. If the ...
Block Quote: 823834
'The incentive can also be funded with transaction fees. If the output value of a transaction is less than its input value, the difference is a transaction fee that is added to the incentive value of the block containing the transaction. Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free.' October 31, 2008 - Satoshi Nakamoto
Published at
2024-01-01 07:10:55Event JSON
{
"id": "b7a879cbbce5960baeee6d27686c1f1cfadde0f3651150ef8b20f53729cf8bc5",
"pubkey": "6c8e2759618e4965a6f0a6e5f71d8f628f139be0e187e6b61d9f497c38a74e2d",
"created_at": 1704093055,
"kind": 1,
"tags": [],
"content": "Block Quote: 823834\n\n'The incentive can also be funded with transaction fees. If the output value of a transaction is less than its input value, the difference is a transaction fee that is added to the incentive value of the block containing the transaction. Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free.' October 31, 2008 - Satoshi Nakamoto",
"sig": "a787bb8b0b5bfd4de95bc10dd6454b6412030f088d031be59fd8294e73e53f5bd58451aef4e4b78216cf535fa4d3e3fcffc84bffe3e5f990c1388164db586898"
}