Take 50 VIU coins for free

Take 50 VIU coins for free

 

These coins are not like other ordinary coins. They did a site like YouTube. They have released coins to promote this site. As a result, futures of this coin are not well known.You will get 50 cents free from your account. The price of each coin is about two cents.  

The coin is listed at coinmarketcap.com and the two exchanger is currently being sold by the cell. As a result, you can now cash out the money by selling coins. But it is better to hold the cell without being right now. Hopefully the price of each coin will exceed $ 1. You will also earn from uploading Video.Go to the link to see the details of the coins   create free coinbase account here

Coinmarketcap 

There is also a chance to earn income by making videos here like YouTube.

So please do not delay account now. Click the link below to make an account.

Sign up and get 50 free Coin  

If you have any questions, you can comment. 

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Word of the Day: Coinbase Transaction

Coinbase Transaction is a special transaction that is created by miners. It consists of 2 key things:-

1. Mining reward (new supply of coins being added into circulation)

2. Fees (which the sender pays to the miner who successfully mined the block).

What is CoinBase?

There can only be ONE Coinbase Transaction per block; it will then be added to the block which the miner is trying to solve the proof of work for.

An example of a Coinbase Transaction would be https://blockchain.info/tx/cf989a0374e664cb626d816a21529ca13fb7d48501a8d0a40eda459babf001ac

The easiest way to identify a Coinbase Transaction is to notice that there are “no inputs” (as stated on the left hand side of the image below) within the transaction.

To break that transaction down:

1. The transaction amount totals up to 25.02953906 BTC.

2. The mining reward at that time is 25 BTC (which are new supply of coins being added into circulation accounting towards the 21 million BTC maximum supply)

3. The mining fees can be calculated by subtracting the mining reward from the total Coinbase Transaction amount eg. 25.02953906 - 25.0 = 0.02953906

4. The total fees being paid by transaction senders for this given block is 0.02953906 BTC.

5. 1CjPR7Z5ZSyWk6WtXvSFgkptmpoi4UM9BC is (most likely) the miner’s address and it is where the mining reward and fees are being sent to.

The term Coinbase Transaction should not be confused with the name of a Bitcoin service company, Coinbase. Coinbase is a Bitcoin wallet & payment platform for consumers, merchants, and developers. It provides an easy way to buy Bitcoins in the US and some parts of Europe.

Join Coinbase 

Learn something new everyday! What do you think about this byte-sized word of the day segment. Let me know in the comments :)

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What is Coinbase?

 What is Coinbase?

Coinbase

Coinbase is the most trusted and reputable company in the world that lets people buy, sell and securely store Bitcoins.

It is backed by many capitalists, most notably Union Square Ventures and Andreessen Horowitz.

It also allows businesses to accept bitcoins as easily as setting up a paypal pay button.
 
Coinbase is a Bitcoin company that does 3 key things

1. Consumer - Online wallet for Bitcoin users to make it easy to spend, send, receive Bitcoin on any internet devices. The goal is to remove the complexity of private key management and cold storing for the end users.
2. Merchants - Payment gateway for online and brick-mortar merchants to accept Bitcoin for their goods and services.
3. Developers - Full suite API for developers to integrate Coinbase payment on top of any web services

4. Paying with bitcoin

   Easy and secure online shopping.

   Using bitcoin is the easiest and quickest way to make a payment on the internet. Paying with bitcoin is more secure than paying with a credit card. When you pay with bitcoin, the merchant can't make a copy of your payment information. Additionally, your payment can't be rejected by your bank, credit card company, or the merchant.
   
   
   
   
    

If you are based in the US, have a US bank account, I would say Coinbase is the easiest way to start purchasing Bitcoin.

Coinbase the word is also used in the term "Coinbase Transaction"

Coinbase Transaction is a transaction that is created by miner when he/she solves a block. In that transaction contains the mining reward (new supply of coins) and fees that goes to the miner who solves the block.
Example: Bitcoin Transaction cf989a0374e664cb626d8tyu21529ca13fb7d48501a8d0a40eda459babf001ac
25 BTC is the mining reward & the remaining .02953906 BTC are the transaction fees. Coinbase Transaction do not have any input.

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