Block Reward

The incentive given to miners or validators for successfully validating a new block of transactions and adding it to the blockchain. It serves as a key incentive mechanism in blockchain networks, ensuring security, decentralization, and transaction validation.

What You Need To Know

Block rewards are fundamental to blockchain ecosystems, balancing incentives for participants while managing cryptocurrency supply and demand dynamics. Bitcoin rewards via Proof of Work, Ethereum rewards via Proof of Stake.