First transaction


#1

I did a fresh install on a new system a little while ago and have been monitoring for if / when a block is mined. I noticed that my wallet's transaction count went from zero to one without an actual transaction occurring...


#2

Perhaps it's counting the coinbase txn as a txn?


#3

Despite seeing that term fairly frequently on this forum, I have to admit ignorance to the meaning of coinbase. I've been taking it to mean the address a miner credits the reward to when it mines a block...


#4

That's exactly right.


#5

Then... I'm still not sure what transaction is being counted before listtransactions sees anything to list.

Another way to put it - at the beginning of mining on a new installation, the transaction count is zero and there are no transactions to list. But the transaction count goes up to one a few minutes after mining starts while listtransactions still reports nothing.