What is Block Reward?
Features1.In a blockchain network, the rewarded cryptocurrency can be circulated as a token.
2.The first miner who validates a new block can be rewarded, which represents the decentralized issuance of cryptocurrency.
3.The block reward is based on consensus mechanisms and its amount is not subject to fluctuation in the price of the cryptocurrency. However, to prevent hyperinflation, halving will occur in the block reward of some coins.