What will happen if all 21 Million BTC are mined? Or 20.999.999....
Who confirms transactions then?
How high will be fees?
Where they put the transactions? They have to find a new block for this as far as I know.
Would be nice if someone could explain this.
i think, the dev team who made this bitcoin have thinking it. every possible vuln and every single thing that will attack em.
so, they make a new system when all the block has been mined, in my opinion the system will move from PoW to another like PoS or any , and the miner still work but just for confirm transaction not for minted block.
because when all the block is mined, automatically miner is done and will be gone, for simply its unused
Correct Me If I Wrong