Coinbase transaction (生成交易)

Coinbase transaction (生成交易 shēng chéng jiāo yì) is also known as generation (生成 shēng chéng) transaction. Each block on the bitcoin blockchain will contain one or more transactions, the first of which is called a coinbase transaction. Also see: coinbase (币营 bì yíng).

  • “Coin” can be used as a verb. For example, coin a word or coin a phrase (生成单词/词组 shēng chéng dān cí/cí zǔ; 生成, to generate).

Part 1: Breakdown of Words

  • “Generation” (生成 shēng chéng) as in “generator” (生成器 shēng chéng qì), or “generate QR code” (生成二维码 shēng chéng èr wéi mǎ).
    • ” (shēng) as in “angry” (生气 shēng qì),  “produce” (生产 shēng chǎn), or “life” (生活 shēng huó / 生命 shēng mìng).
    • ” (chéng) as in “achievement” (成就 chéng jiù), “success” (成功 chéng gōng), or “become” (成为 chéng wěi).
  • “Transaction” (交易 jiāo yì) as in “swap transaction” (掉期交易 diào qī jiāo yì), “internal transaction” (内部交易 nèi bù jiāo yì), or “financial transaction” (金融交易 jīn róng jiāo yì).
    • ” (jiāo) as in “traffic” (交通 jiāo tōng), “swap” (交换 jiāo huàn), or “exchange” (交流 jiāo liú).
    • ” (yì) as in “easy” (容易 róng yì), “fragile” (易碎 yì suì), or “trade” (贸易 mào yì).

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