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coinbase

In the context of blockchain and cryptocurrencies, **coinbase** refers to two related concepts:

1. **Bitcoin and other blockchains:** The coinbase is a special transaction included by a miner in each new block. It is the first transaction in the block and has no inputs. It creates new cryptocurrency units (the block reward) and may also include collected transaction fees.
2. **Company name:** Coinbase is also the name of a major cryptocurrency exchange platform headquartered in the United States, where users can buy, sell, and manage various cryptocurrencies.
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