Question

Block rewards are given for every successful transaction verification in the network true or false

Answer 1

Block rewards are given for every successful transaction verification in the network - True

Crypto currency amount that a miner receives for processing transactions in a given block is block reward. This is done to encourage the miners.

Every time a block is created, the miner receives 12.5 BTC. Post 2020 this will become half.

 

Answer 2

The correct answer for your question is “False”.

Block rewards are some type of bitcoins that are rewarded to certain crypto-currency miners who have successfully mined every block.

The block rewards are for certain person who uses mining devices to find a new block that consists of bitcoin transaction details. The miner can claim the block reward right after the discovery of a block and adding his own transaction in the first place in that block.