Bitcoin $118,396.50The total supply of the total supply is limited to 21 million and the last Bitcoin is expected to be produced in 2140. Experts, after this point, the network of the network will be completely based on the process of processing. This creates both positive expectations and some concerns.
Security after 2140: End of the block award
The Bitcoin network is currently working with block awards that encourage miners to create new blocks, and this system is directly associated with the security of the network. However, as of 2140, the block award will be reset and miners will only generate revenue from transaction fees. In terms of long -term planning, experts point out that there is enough time for the Bitcoin community for this transition.
OKX Singapore CEO Gracie Lin, after the end of the block prize, Bitcoin’s security will only depend on the processing fees and how the demand for the block area will develop an important question.
“When the block prize ends,… Bitcoin’s security will completely rely on the processing fees. The real question is how to evolve the block area demand, Ger Gracie Lin said.
Bitcoin’s current growth acceleration and demand increases, the network will be closed with transaction fees is expected to be closed.
Optimistic scenario: corporate demand and network development
Some experts argue that with the increasing participation of corporate investors, the transaction fees will increase naturally and that the network will reach the income level that will ensure the security of the network. Sammi Li, Founding Partner and CEO of Jucoin, said Bitcoin could become a global digital infrastructure that mediates high -valuable payments by 2140.
“The fact that Bitcoin is around 2140 is the digital infrastructure of global finance, because of the role of famine and basic need, Sammi Li said.
Thanks to corporate investments, cross -limit payments and layer 2 (layer 2) solutions, an optimistic approach to the sustainability of the network also stands out. Li emphasized that great valuable transactions and layer 2 solutions will create a durable wage market.
“The movement of corporate treasures and layer 2 transactions will provide a continuous and strong demand, Sam Sammi Li said.
Role of Layer 2 Solutions and Potential Risks
Layer 2 protocols such as Lightning Network aim to reduce scaling problems of the main block chain. These technologies reduce the transaction fees by processing small and frequent transactions outside the main chain; At the same time, it is the entrance gate for users and liquidity.
“Layer 2 solutions, while keeping the main chain efficient and valuable, it also scales daily use. Centralized stock exchanges will facilitate the entry of new users into the system, Li Lior Aizik, Xbo Coo.
However, both layer 2 solutions on the main chain demand increases the demand for the main chain, as well as high -valuable processes are considered important.
“Layer 2s actually carry valuable activities back to the main chain.
However, experts say that if the transaction fees do not increase sustainable, there may be possible decreases especially in the hash power and security of the network.
“If Bitcoin’s security budget decreases over time, the incentives for the protection of the network will also weaken. This may cause some of the mining power to be offline, Gr Gracie Lin said.
Centralization Risk and Planning Need
The instability of revenues raises the risk of centralization of the network, especially for small miners. If there is not enough fees, the network can be dominated by larger and strong resources.
“If the trading fees are not enough to support small and independent miners, the network may turn into a more central structure, Li Lior Aizik evaluated.
It is emphasized that Bitcoin should maintain the functionality of the network in order to maintain as a value storage tool. Otherwise, the place of Bitcoin in the global financial system may be re -evaluated.
“Bitcoin can turn into a piece of museum rather than a living ecosystem, Li Lior Aizik warned.
Despite these difficulties, sector representatives say that the 115 -year preparation process is an important advantage. With its market dynamics and community support, Bitcoin is thought to adapt to the transaction fee -based model.
“If Bitcoin remains valuable in 2140, economic dynamics will work in a way to maintain this value.
With long -term planning and innovative solutions, a hopeful picture of the future of Bitcoin is drawn.
Li Lior Aizik said, “The basic principles of Bitcoin should also take care of the basic principles of Bitcoin while the new generation of users of the industry bring the network to the network.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
