Monday, February 22, 2021

End of the blockchain? Whats gonna happen?

Hello r/Bitcoin,

I was wondering what's gonna happen to the bitcoin, when the 21,000,000th coin has been mined. Will this event end all mining efforts, since there won't be a block reward or will there be a different mechanism? Wouldn't an end of mining mean an end to bitcoin, since the entirety of the currency is based on the verification by miners? I hope someone has an answer to my curiosities.


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