Author

Topic: Blockchain Values (Read 504 times)

newbie
Activity: 28
Merit: 0
December 27, 2013, 10:11:47 AM
#5
@Captainbeck Yes, that's right.
The fee is a mechanism to encourage mining called "transactions fees."
legendary
Activity: 3472
Merit: 4801
December 26, 2013, 06:12:57 PM
#4
what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees

Goes to the miners.

How?? Its not part of the block reward??

Yes, it is.

The block reward is the sum of the block subsidy and all the transaction fees from all the transactions that are included in the block.
full member
Activity: 168
Merit: 100
December 26, 2013, 03:00:12 PM
#3
what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees

Goes to the miners.

How?? Its not part of the block reward??
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
December 26, 2013, 02:55:16 PM
#2
what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees

Goes to the miners.
full member
Activity: 168
Merit: 100
December 26, 2013, 01:14:06 PM
#1
Where does Blockchain.info get its value from??? I know of https://blockchain.info/charts/market-price, and http://markets.blockchain.info/, but the value it assigns to your BTC doesnt seem to be the average of the accounts.

Also, what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees
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