Hi guys,
I'm struggling to understand what's the difference between block rewards and transaction fees. I'm still talking about Eth 1.0 so PoW. I got the process of trying to guess the "solution" right by inputing computational power to validate the transactions, bundle them into a block and being awarded with the block reward.
But what's the difference between the block reward and the transaction fees? Does the block validator earn the block reward + the sum of the transaction fees related to that specific block?
Thanks
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments