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In other words, when the last Bitcoin is mined, Bitcoin is well and truly fucked. Bitcoin and other non-inflationary proof-of-work coins need to switch to proo
by xvector 6y ago
In other words, when the last Bitcoin is mined, Bitcoin is well and truly fucked.
Bitcoin and other non-inflationary proof-of-work coins need to switch to proof-of-stake if they want any hope of longevity.
- hvidgaard 6y agoIt is assumed that transaction fees will be enough to incentivize miners.