Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow

Viacoin Block Reward Halving happened !
Reward per block: 0.3125 $VIA

So when will we hit 23million?
And what happens next? Hashrate down to almost zero?

you might as well have asked "what will happen when bitcoin hits 21million"
you should read up on how real crypto works,
where do you think transaction fees go, etc

In short, once block reward stops with cryptocoins, the network is hopefully so busy by that time that the transaction fees are high enough to keep mining interesting.

I have no clue how this coin (or any coin for that matter) works in general, but does the transaction fee really go to the miners? Or is it sent elsewhere, maybe to an address owned by the developers?

Of course all the transaction fee goes to the miner who solved the block.

Maybe I'm mistaken but I always thought that transaction fee and miner rewards are two totally different things, and that miner rewards are created out of thin air, otherwise how can there be coin inflation?

Of course you can program this in every way you want, to know what is really going on you have to examine the source-code in detail and that is something I never did.

They are 2 seperate things. Miner rewards are the coins created with each found block. Tx fees are the fees paid by people moving/sending via from one place to another. The miner who finds the block gets the new (miner rewards) and all of the fees from the transactions bound in that particular block