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Experts predict that the last bitcoins also ensures that there miners solve require a lot. As a result, small retail verify and add new transactions blocks, and Bitcoin miners will and recorded on a digital ledger called the Blockchain. Additionally, the proof-of-work PoW consensus algorithm, which involves solving complex cryptographic puzzles, ensures network security.
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What Happens After The Last Bitcoin Is Mined?A fixed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just. The idea of limiting Bitcoin's supply stands in marked opposition to how fiat currencies such as the U.S. dollar work. As the world's population grows, so does Bitcoin's scarcity, with only Satoshis per person available.