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rP7ah1FDz6oYwZL4Bu9HRuibYwQXNgHRGs
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Hi,
I'm a long time lurker just now participating.
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Thanks. Sorry for the repetitive question. It's hard to find the answer because the search term (confirmations) gets so many unrelated hits.
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I understand there is a limit of 21M bitcoins and that a confirmation is when a transaction is included in a new block.
What happens to confirmations when all 21M bitcoins have been generated? Will it be impossible to confirm a transaction?
As the difficulty rate goes up, doesn't that mean that the confirmation time also goes up?
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I have so far managed to mine two blocks. I'm confused because I thought that when I mined a block I was supposed to collect transaction fees too, but I only collected the 50BTC each.
Do I have to do something special to collect fees? Do I have to do something to my firewall? How many BTC should I expect in fees with each published block?
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