On the Instability of Bitcoin Without the Block Reward

Explore a conference talk examining the potential instability of Bitcoin's economic model once block rewards diminish. Delve into key findings from Princeton University researchers on the long-term sustainability of the cryptocurrency system. Learn about the importance of block rewards, mining strategies, and potential future problems in Bitcoin's structure. Gain insights into the Lambert Function, forking, and the broader implications for blockchain technology. Understand the critical role of transaction fees in maintaining network security and the potential consequences of their fluctuation. Engage with thought-provoking questions about Bitcoin's future and analyze visual representations of the researchers' findings through stack plots.