What happens when the ceiling is reached ? the fees will be much higher . So in the case of our app we will be paying a fee to the miners
Reward
When a block is discovered, the discoverer may award themselves a certain number of bitcoins, which is agreed-upon by everyone in the network. Currently this bounty is 12.5 bitcoins; this value will halve every 210,000 blocks. See Controlled Currency Supply.
Additionally, the miner is awarded the fees paid by users sending transactions. The fee is an incentive for the miner to include the transaction in their block. In the future, as the number of new bitcoins miners are allowed to create in each block dwindles, the fees will make up a much more important percentage of mining income.
- Forums
- ASX - By Stock
- 1TT
- Blockchain Technology
Blockchain Technology, page-21
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1TT (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $941.2K |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3 | 1.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 32260610 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12150854 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 32260610 | 0.002 |
32 | 65833522 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 12150854 | 12 |
0.004 | 7526379 | 15 |
0.005 | 5458667 | 16 |
0.006 | 5500166 | 8 |
0.007 | 732269 | 1 |
Last trade - 09.59am 11/07/2024 (20 minute delay) ? |
Featured News
1TT (ASX) Chart |