Cryptocurrency Q&A
What happens after 21 million Bitcoin?
What happens after 21 million Bitcoin?
KatanaSharpened
Sun Dec 15 2024
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6 answers
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I'm wondering about the future of Bitcoin. Specifically, what will occur when all 21 million Bitcoins have been mined? Will there be any changes to the system or how it operates?
6 answers
MysterylitRapture
Tue Dec 17 2024
Miners will no longer receive block rewards, which have been a crucial source of income throughout Bitcoin's history.
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GliderPulse
Tue Dec 17 2024
Instead, their primary motivation will shift entirely to transaction fees. These fees are paid by users to have their transactions verified and added to the blockchain.
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FireFlyer
Tue Dec 17 2024
The transition to a fee-based incentive structure will occur post-2140, marking a new era for the Bitcoin network.
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IncheonBeautyBloomingRadianceGlow
Tue Dec 17 2024
Once all 21 million Bitcoins have been mined, the incentives for miners will undergo a significant transformation.
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Riccardo
Tue Dec 17 2024
Despite the absence of block rewards, the network will continue to function seamlessly and remain secure.
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