cryptocurrency widget, price, heatmap
Search icon
Search icon
Telegram iconTwitter icon
Share icon
Share page
Crypto Glossary/Block Reward

Block Reward

The reward block validators on a blockchain network receive in exchange for their service.

Blocks on any blockchain network are validated for accuracy by randomly chosen block validators who have typically committed computing resources to a proof-of-work chain such as Bitcoin.

Every time a new block is validated, some new coins are generated and sent to the successful validator — known as the block reward.

cryptocurrency widget, price, heatmap
v 5.4.1
© 2017 - 2023 COIN360.com. All Rights Reserved.