Bitcoin: A Journey Towards a Resilient Financial Future
Bitcoin: A Journey Towards a Resilient Financial Future
The world of Bitcoin is a paradox, a digital landscape where immense security coexists with sometimes-low transaction fees, fueling a constant conversation about its long-term health. While the network's hashrate—its computational power—is at an all-time high, making it more secure than ever, the fees paid by users to transact are currently at relatively low levels. This situation, where miners earn a small portion of their revenue from fees compared to the block subsidy, sparks questions about the economic viability of Bitcoin's design once the subsidy disappears. However, looking deeper, this isn't a sign of failure but an evolution of the network itself.