How does the bitcoin mechanism prevent a 51% attack as block rewards decrease? Is there a real security risk in the distant future if miners lose incentives? Or do incentives just continue to scale and adjust for this based on the difficulty adjustments?

Reply to this note

Please Login to reply.

Discussion

Price increases and uptick in usage is what’s supposed to keep the miners to keep mining as the block subsidiary scales down…

Will transaction fees scale up as mining rewards go down?

That or the amount of transactions over all