Quote from: Faisal2202 on Today at 07:49:26 AM

Quote from: alex113115 on February 19, 2025, 07:43:15 AM

- What is the most likely outcome if the Bitcoin security budget does decrease? How do you envision Bitcoin’s long-term security holding up as mining rewards decline? What alternative incentive models could keep miners engaged? Increase in transaction fees? New use cases that drive transactions? Layer 2 solutions or sidechains?

I also wonder when the final halving technically occurs. How is it programmed? Is there a hard stop, or does it stop when the reward is less than two satoshi and no more halving is possible?

What does security budget means here I did not understand your point and what does Btc security holdings means in your opinion. This is just a pow network where users or miners cane earn money by transaction fee and block reward they can also earn money on holding those btc they earn. Earning alone is not that beneficial therefore mining in pool is advisable.

When all Btc will be mined there would be no block reward I assume and the reward for miners would be coming from transaction fee unless some new technology integrated into it. Till then tx fee is the only reward after 2140.

It is all clear. The question is how to attract miners when there is no block reward (or it becomes too small after several halvings) and the transaction fees are not high enough to engage them in mining so that they are in profit (currently they are relatively small).