Accountancy, asked by AhmadTaha8838, 10 months ago

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

a. True

b. False

Answers

Answered by don786
0

BREAKING DOWN Block Reward

Each bitcoin block is around 1 MB in size and is used to store the bitcoin transaction information. For example, when A sends money to B, this transactional information is stored on a block.

Miners who use mining devices to find new blocks are rewarded for their efforts through block rewards. Other cryptocurrencies have a similar mechanism for rewarding miners with blocks of the respective blockchain.

Answered by kumarianu842
0

b. False

Block rewards are some types of Bitcoins that are rewarded to certain Crypto-currency Miners who have successfully mined every block.

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