Quote from: digitalindustry on December 07, 2013, 01:19:03 AM

Quote from: niothor on December 06, 2013, 11:21:10 PM

Quote from: eon89 on December 06, 2013, 09:32:06 PM

Quote from: desert_beagle on December 06, 2013, 09:28:34 PM

What's going to happen once all the quarks are mined? Won't the miners stop mining therefore halting the blockchain and transfer of coins?

LOL i mean quark pretty much shot itself in the foot. Grin

It never stops being mined. Apparently someone can't read.

The reward will drop dramatically. It means that to keep the network secure from a botnet you must keep miners mining. How ?
Nobody will keep mining if the electricity cost will be higher than the reward.
And even if the reward will be higher than cost it will be far lower than what miners can get from mining other altcoins.
That's why Satoshi came up with a halving idea over long periods of time, to allow transactions to grow in numbers and replace the block rewards, and it was a good one.

we will see - i don't think you think out side the box - bu when your an ASIC communist you can't i guess ?

what r u smoking poochie?