Where does “coinbase” come from?
coinbase (English) comes from English Base, from Middle English base, from Old French base, from Latin basis, from Ancient Greek βάσις, from Proto-Hellenic gʷə́tis, from Proto-Indo-European gʷémtis, from Proto-Indo-European gʷem- — to step.
coinbase (English): The transaction that is automatically created in every Bitcoin block to reward the miner
Definitions
- The transaction that is automatically created in every Bitcoin block to reward the miner
Ancestry of “coinbase”, step by step
coinbase traces back through two separate lines of ancestry.
via English Base
| Step | Language | Word | Meaning |
|---|---|---|---|
| 1 | English | Base | Something from which other things extend; a foundation |
| 2 | Middle English | base | A foundation or base; the bottom of a building;... |
| 3 | Old French | base | base bottom part; supporting part |
| 4 | Latin | basis | A pedestal, foot, base; basis, foundation; The... |
| 5 | Ancient Greek | βάσις | step; rhythm; foot |
| 6 | Proto-Hellenic | gʷə́tis | step |
| 7 | Proto-Indo-European | gʷémtis | step, act of walking |
| 8 | Proto-Indo-European | gʷem- | to step |