who get the taxfee from my transactions?

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: mikestro on December 29, 2013, 03:23:00 PM

Quote from: mikestro on December 29, 2013, 02:43:10 PM

Quote from: DannyHamilton on December 29, 2013, 02:32:37 PM

It all depends on how the creator of the cryptocurrency designs it.

In the case of bitcoin, litecoin, feathercoin, and other coins built from the same design, the transaction fees go to the miner that includes the transaction in the block that they solve.

wait so lets say bitcoin the new 25 btc that recived after they solve a block are not that new? atleast not all of them?

i paid tax, and im not mining so to who my tax is going, miner? you mean papople that mining bitcoin?

Tax is something you pay a government.

You paid a transaction fee.

Where the transaction fee goes depends on how the creator of the cryptocurrency designs the currency.

In the case of bitcoin, litecoin, feathercoin, and other coins built from the same design, yes, the transaction fees go to the miner that includes the transaction in the block that they solve.

mikestro

newbie

Activity: 44

Merit: 0

Quote from: mikestro on December 29, 2013, 02:43:10 PM

Quote from: DannyHamilton on December 29, 2013, 02:32:37 PM

It all depends on how the creator of the cryptocurrency designs it.

In the case of bitcoin, litecoin, feathercoin, and other coins built from the same design, the transaction fees go to the miner that includes the transaction in the block that they solve.

wait so lets say bitcoin the new 25 btc that recived after they solve a block are not that new? atleast not all of them?

i paid tax, and im not mining so to who my tax is going, miner? you mean papople that mining bitcoin?

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: mikestro on December 29, 2013, 02:43:10 PM

Quote from: DannyHamilton on December 29, 2013, 02:32:37 PM

It all depends on how the creator of the cryptocurrency designs it.

In the case of bitcoin, litecoin, feathercoin, and other coins built from the same design, the transaction fees go to the miner that includes the transaction in the block that they solve.

wait so lets say bitcoin the new 25 btc that recived after they solve a block are not that new? atleast not all of them?

I don't understand the question?

I thought you were asking about the transaction fees.

Now you are asking about the block subsidy?

Yes, the block subsidy is "new". What does that have to do with the transaction fees?

mikestro

newbie

Activity: 44

Merit: 0

Quote from: DannyHamilton on December 29, 2013, 02:32:37 PM

It all depends on how the creator of the cryptocurrency designs it.

In the case of bitcoin, litecoin, feathercoin, and other coins built from the same design, the transaction fees go to the miner that includes the transaction in the block that they solve.

wait so lets say bitcoin the new 25 btc that recived after they solve a block are not that new? atleast not all of them?

DannyHamilton

legendary

Activity: 3472

Merit: 4801

It all depends on how the creator of the cryptocurrency designs it.

In the case of bitcoin, litecoin, feathercoin, and other coins built from the same design, the transaction fees go to the miner that includes the transaction in the block that they solve.

mikestro

newbie

Activity: 44

Merit: 0

if i created lets say a new al coin and pre-mined 0 do i still recive some coins from fee transaction?

some one recived from me feather coin and i paid taxfee and recived a message something like
it's for supporting the network or something like that so that mean that the txfee goe's to the coin owner?
litecoin feathercoin etc?

Topic: who get the taxfee from my transactions? (Read 559 times)