First transaction

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…

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

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…

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That’s exactly right.

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.

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