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Topic: Quick question regarding transaction fees (Read 635 times)

legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
February 05, 2014, 08:27:21 PM
#2
When a cryptocurrency is all mined out, will miners then charge for each transaction?
Long before the last Satoshi is mined they will probably be charging for almost every transaction.

Specifically, in the case of Bitcoin, when all coins are mined, how much will each person have to pay to perform a transaction on the network?

Thanks in advance for your input.
It is expected that a market will develop where you will pay more for faster delivery and less if you can wait for your first confimation.  The actual cost is not known, market forces will decide.
sr. member
Activity: 406
Merit: 250
February 05, 2014, 11:46:25 AM
#1
When a cryptocurrency is all mined out, will miners then charge for each transaction?

Specifically, in the case of Bitcoin, when all coins are mined, how much will each person have to pay to perform a transaction on the network?

Thanks in advance for your input.
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