Block Reward

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Questions for Block Reward (3)
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Can Bitcoin's transaction fee market provide sufficient incentive for miners to secure the network in the long term, when block rewards approach zero? This is known as the 'security budget' problem. Is there a solution?
Updated At
8/18/2025
1
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As block rewards diminish and transaction fees become the primary source of income for miners, how will this affect the energy consumption patterns of mining?
Updated At
8/18/2025
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After the block rewards disappear in 2140, is a security model driven purely by transaction fees sustainable? Will it lead to a 'tragedy of the commons'?
Updated At
8/18/2025