Topic: Blocks and Transactions (Read 498 times)
thanks
Old blocks never change. Thats the point of them.
https://en.bitcoin.it/wiki/Block_Chain
When mining stops, no one's transactions are confirmed and bitcoin dies. Hopefully that doesn't happen. If it does happen, hopefully it is because we moved to a better fork.
https://en.bitcoin.it/wiki/Block_Chain
When mining stops, no one's transactions are confirmed and bitcoin dies. Hopefully that doesn't happen. If it does happen, hopefully it is because we moved to a better fork.
Mining never stops. Block rewards will eventually stop. Block rewards are merely a subsidy to compensate for low transaction volume. As the subsidy is reduced to zero fees will need to replace that.
Blocks are unlikely to change and the deeper a block is in the chain the less likely it is to be changed.
Blocks are unlikely to change and the deeper a block is in the chain the less likely it is to be changed.
Hi,
Is it correct to say that the old blocks never change,
all new transaction are included in the new mined blocks.
In that case what is going to happen when the mining will stop ?
Thanks in advance.
Is it correct to say that the old blocks never change,
all new transaction are included in the new mined blocks.
In that case what is going to happen when the mining will stop ?
Thanks in advance.
Jump to: