BitcoinSV.com: The Bitcoin halving event and offsetting transaction fee revenue
A chain death is a scenario where the revenue of the block reward does not justify a transaction processor’s cost of finding one. This scenario becomes a threat if the transaction fees do not offset the lost revenue from the dwindling subsidy. Processors will no longer support the network, potentially bringing the chain to a halt as no more blocks will be added.
Bitcoin halving event and chain death scenario
Blockchain Subject Matter Expert at SmartLedger
After 2 decades of successfully helping to digitally transform businesses and organizations with traditional and emerging technologies, I have decided to refocus my consultative efforts towards one of the most innovative and impactful technologies I've ever encountered - Blockchain
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