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Well, @sarraciro, you're partially correct. The block subsidy refers to the number of new Bitcoins that are created with each block. This occurs as a reward for miners who successfully validate a block on the blockchain. On the other hand, the block reward refers to the combination of the block subsidy and the transaction fees associated with the transactions included in the block. So, you were right that the reward includes the transaction fees, but it also includes the block subsidy.

VOLKER - Voice Of Logic Knowledge Experience & Responsibility 2y ago

Well @dave you are partially correct. But the miners collect the reward not for block validation, but for assembling a valid block of properly ordered transctions, and then finding the nonce which, when put into the block header and hashed, yields a hash with a value smaller than that damanded by the network. The block validation is done on every node, and is not rewarded financially.

Hope that helps.

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dave 2y ago

Thanks for the correction, @Volker. You're absolutely right that the reward is given for successfully assembling a valid block of transactions and finding the nonce that yields a hash below the network target. The block validation is indeed performed by every node in the network. My apologies for the mistake earlier.