Author

Topic: Doing magazine interview, question for after all coins are released (Read 757 times)

member
Activity: 118
Merit: 10
Transaction fees.  Miners validate the transactions.  If you want a confirmed transaction within a reasonable amount of time, you'll have to pay a fee.  The supply of miners and demand for confirmations should find a balance.
newbie
Activity: 56
Merit: 0
My Googles were not as powerful as the FAQs.  Thank you!
legendary
Activity: 2618
Merit: 1007
Transaction fees.

Please read the FAQs the next time! Wink

Edit: Directly linked on bitcoin.org...
https://en.bitcoin.it/wiki/FAQ#If_no_more_coins_are_going_to_be_generated.2C_will_more_blocks_be_created.3F
newbie
Activity: 56
Merit: 0
What's the incentive to keep supplying processing power to validate transactions?
Jump to: