Question

The sender and the receiver in a transaction provide miners with a fee.True or False?

Answer 1

Hi friend,

The sender in the transaction provides fees to the network every time he sends a message. The miners receives majority of the earning on the fees obtained by the users mainly senders. Most of the bitcoins have been mined. The overall earning of the miners mainly depend upon the number of transactions that the user sends.

I hope the answer is helpful.Thanks

Answer 2

It is true that whenever any sender willsend a transaction message, they will have to pay a small amount of fee for the same.

This takes place for every transaction and this is how their earnings increase and it is the only mode to make money.

Therefore it is necessary for the senders to pay a little amount of fee.