Post
Topic
Board Beginners & Help
Re: 51% problem still existant after all coins have been mined ?
by
Malin Keshar
on 25/07/2014, 12:59:52 UTC
Someday all Bitcoins will have been mined.

Is mining then still necessary ?

And is the 51% problem still in existance ?

The network will need hash power to verify transactions. Won't exactly be mining because there is no more bitcoin to dig, but not different in practice.

51% stuff is related to hash power controlled by a single organization, since many miners may drop in this stage, will be more serious than any time before.