Post
Topic
Board Bitcoin Discussion
Re: Bitcoin security in the long term
by
Liamttw
on 02/08/2021, 08:10:48 UTC
The security of Bitcoin depends on whether and how many people are using Bitcoin, that is, whether transaction fees are sufficient for mining activities. As long as people use Bitcoin, it will remain fairly safe.
The network is protected by nodes, and many miners are running nodes. They will be encouraged to continue to protect and update the blockchain in exchange for the payment of transaction fees associated with each block to ensure the security of Bitcoin.