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Bitcoin => Bitcoin Discussion => Topic started by: illdyking on November 20, 2017, 12:28:43 PM



Title: How does transactions get logged when all blocks are mined
Post by: illdyking on November 20, 2017, 12:28:43 PM
As i understand it, transactions get logged in blocks and everytime a block is mined a miner get rewarded a coin.

What happens when all blocks, 21miljon, is mined. How do the transactions get logged/saved?

Since no more blocks will be mined they can't be saved in the blockchain, right?


Title: Re: How does transactions get logged when all blocks are mined
Post by: emuLOAD on November 20, 2017, 12:33:33 PM
The answer is rather simple, blocks will continue to be mined. What you are confusing is the reward trending towards 0 with a cessation of the mining system. This simply doesn't happen.

Rather simply, mining will continue with 0 rewards.