The generation transaction is exactly like any other transaction in all respects other than that it has no inputs. It can have as many or as few outputs as the miner likes, which may be to addresses, public keys, or scripts in any combination, as long as the total value of all outputs is less than or equal to the block reward plus transaction fees.
In most pools, the generation transaction pays the pool directly in a single output, then the pool pays the miners separately, but with p2pool, Eligius, and perhaps a few other pools, the generation transaction has many outputs which pay all the miners individually. Other schemes are possible (any scheme involving fancy scripts works just fine in the generation transaction), though no miners are actually doing this as far as I'm aware.
Topic: Virgin coins only 25 and 50? (Read 595 times)
I understand there is no "Bitcoin" only inputs. And so far we have only had 25 and 50 inputs right?
But then again p2pool I think found a way to split those before they are confirmed into smaller units.
So every input has a parent of 25, 50 or a p2pool split?
But then again p2pool I think found a way to split those before they are confirmed into smaller units.
So every input has a parent of 25, 50 or a p2pool split?
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