ViaBTC: The ordinal and runes of Bitcoin are key to solving the mining subsidy issue
ViaBTC stated that the Bitcoin transaction fees of applications such as Ordinals, Runes, and BRC-20 will be key to ensuring miners persist when more halving events occur. The development of the Bitcoin network has led to an expansion in use cases and a growing user base, greatly affecting the fee income miners obtain from on-chain transactions. Mining income will also increase with the rise in BTC prices, but further development at the application layer will boost network activity and expand its utility, thus bringing substantial returns for miners. ViaBTC pointed out that Satoshi Nakamoto, the anonymous founder of Bitcoin predicted that as block subsidies are halved, transaction fees will eventually become the main source of compensation for miners.
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