Bitcoin : Right now Bitcoin transaction fees are externalized through the entire ecosystem through inflation (block reward), what will happen when the block reward goes away? Will on-chain transactions be much more expensive?
With no block reward, transaction costs will entirely bear on those executing the transactions, instead of that cost being externalized to the system as a whole.
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: ethbtc
Score: 0
Don’t forget to share the post if you love it !
