Block Reward
A block reward is a form of incentive provided to participants in a blockchain network, typically miners or validators, for successfully adding a new block to the blockchain through the consensus process. This reward serves as a motivation for participants to contribute their computational power and resources, or to stake in order to help secure and maintain the network.
For example, in the Bitcoin network, the block reward is paid in BTC for adding new blocks to the blockchain through mining. On the Ethereum network, participants are rewarded based on the amount of ETH they hold and are willing to stake as collateral.
Key Takeaway
A block reward is a form of incentive provided to miners or validators for successfully adding a new block to the blockchain.