Questions tagged [block-reward]

Reward paid to the miner of each block by the way of a coinbase transaction plus all transaction fees attached to any transactions included in that block. Questions specific to coinbase transactions use [Coinbase-Transaction] Questions specific to the smoothly decreasing block reward use [block-reward-schedule].

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14
votes
2answers
2k views

Block reward penalties and dynamic block size

Block reward penalties begin if a block gets beyond 60kb in size. What is the reason why this limit is not dynamically re-calculated to follow a ratio of the blocksize limit instead of a constant?
7
votes
2answers
2k views

How does the dynamic blocksize and the dynamic fees work together in Monero?

This mechanism is unique to Monero because it's the only cryptocurrency to have both blocksize and transaction fee dictated by an algorithm, how was this achieved and what is the rationale behind such ...
15
votes
1answer
861 views

Is the Monero genesis block reward spendable?

Is the Monero genesis block reward spendable? The 50 BTC in the Bitcoin genesis block can never be spent. Are the 17.592186 XMR from the Monero genesis block capable of being spent? If they cannot ...
9
votes
1answer
314 views

How can block size grow over time when miners are incentivised to keep size small?

Miners are penalised if they mine a block that is larger than a threshold. Miners can make sure that the blocks they mine don't go over that threshold in order to avoid a reward penalty (by adapting ...