Monero Stack Exchange
Monero Stack Exchange

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].

38 questions
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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 be spent, would transactions from that block…
guesswhoiam
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2 answers

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?
ant Bldel
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What is the reason for using the smoothly decreasing block reward?

What is the reason for using the smoothly decreasing block reward instead of a periodic "halving" like Bitcoin? What impact does a smoothly decreasing reward have other than avoiding sudden dramatic changes to the Monero earned by miners?
opensourceprivacy
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11
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5 answers

Can we practically compensate full nodes

Is it practical to compensate full nodes in the Monero network? The nodes that aren't mining The primary issue with non-Proof of Stake methods is the sybil attack, but requiring full nodes to already have a minimum amount of XMR mitigates this via…
CQM
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9
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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 the daemon code). One of Monero's "selling point"…
assylias
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2 answers

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 system?
user20
7
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1 answer

How exactly is a pool mining reward distributed

How is the reward distributed to the pool distributors when a new block has been found? Two examples: If my pc is connected to a pool 18 hours a day and I disconnect during night, will I still get a reward since I provided accepted results to the…
MoneroM
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Ghost protocol for Monero?

Ethereum allows for an extremely low block time by keeping track of and rewarding miners of orphan blocks (uncles in Ethereum) thus including their work in calculating the longest chain. Is there any reason to not implement something similar in…
revler1082
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How do I figure out how much a share is worth in the PPLNS world?

I'm trying to figure out how much accepted shares are worth, however small, in a mining pool, situation, specifically of a PPLNS scheme. What is the formula to figure how what a specific share is worth? I thought block reward might come into play,…
Dave
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PPS reward per share

I am wondering how the pool decides how much you get for you share. An interesting parameter might be the difficulty. However is there any equation to calculate the payout per share? Let's say we have a difficulty of 10000, Fee of 2% and a result…
0x45
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Reward penalty: how to control the block size?

I understand that there is a penalty for large block sizes and the miner who finds a large block only gets a portion of the nominal reward. But I fail to see how a miner, who just "packs" transactions in a block, can control the size of the blocks…
assylias
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1 answer

Why does mining generate new coins on a fresh testnet?

So far I thought that mining is the process, when the network verifies transactions. When a transaction is verified, it gets added to the blockhain. In other words, a new block has been found. Then the miner, who found the block, will be rewarded…
László Balogh
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2 answers

Block reward and transaction fees over time

I am trying to understand how block rewards have evolved over time in Monero. I downloaded the blockchain and plotted the reward field from each block. Because it looked a bit strange, I plotted the major versions from the blocks as they first…
kg_sYy
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How many blocks must miners wait before spending the block subsidy?

After a block is mined, how long is the block subsidy locked from being spent?
Jonathan Cross
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What determines who gets the block reward

I am trying to understand the monero code and was unsure how the code decides which address to the block reward to and how it is done. I have been able to follow the proccess up until we decide how much the block reward is but after that I havent…
nals
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