Block Reward
The block reward is what the network pays whoever produces a block: newly minted coins plus that block's transaction fees. It's mining's paycheck and — on
The block reward is what the network pays whoever produces a block: newly minted coins plus that block’s transaction fees. It’s mining’s paycheck and — on Bitcoin — the entire issuance schedule, shrinking at each halving until fees alone must sustain security.
Why it matters
Block rewards answer “who pays for security?” Today: inflation (new coins). Tomorrow, as subsidies fade: users, via fees. Whether fee revenue alone can secure giant networks is the open trillion-dollar question behind every long-term decentralization forecast — watch fee/reward ratios, not just prices.