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What will happen to BTC after POW blocks end
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Topic: What will happen to BTC after POW blocks end (Read 181 times)
IamJustInTime
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What will happen to BTC after POW blocks end
October 24, 2017, 01:15:49 AM
Last edit: November 08, 2017, 06:31:31 PM by IamJustInTime
#1
What will happen with Bitcoin(original BTC) when all POW blocks end?
I understand that it maybe will require a lot of time to get the last of them
(I tell "maybe" because of really fast growth miners equipment progress),
but it will happen someday.
And without new blocks there are no new transactions.
So this blockchain will be totally exhausted.
What do you think what will the community do?
Bitcoin fork of Bitcoin?
BADecker
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Re: What will happen to BTC after POW blocks end
October 24, 2017, 05:56:53 AM
#2
When this happens, Bitcoin will simply be traded. The blockchain won't increase in size because of new blocks, but only because of trades.
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IamJustInTime
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Re: What will happen to BTC after POW blocks end
October 25, 2017, 02:02:40 AM
#3
Quote from: BADecker on October 24, 2017, 05:56:53 AM
When this happens, Bitcoin will simply be traded. The blockchain won't increase in size because of new blocks, but only because of trades.
Yes, but then you can possibly to trade it inside of exchange platform and cann`t transfer it anywhere you want. Because without new blocks no new transactions available as I know. Right?
Badmansqole450
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Re: What will happen to BTC after POW blocks end
January 06, 2018, 01:28:28 PM
#4
Well when this happens, Bitcoin will simply be traded. The blockchain won't increase in size because of new blocks, but only because of trades.
ricardovaldossa
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Re: What will happen to BTC after POW blocks end
January 06, 2018, 01:43:38 PM
#5
BTC will switch to pos in advance. Mark my words
cashen
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Re: What will happen to BTC after POW blocks end
April 26, 2018, 09:49:58 PM
#6
Will miners process new blocks for moving BTC only? so their reward will only be Tx fees?
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