The image you shared is a creative visual metaphor for Bitcoin mining. It depicts a figurine of a miner with a pickaxe working on giant golden coins, which represent Bitcoins. This scene is set against the backdrop of computer hardware, suggesting the digital nature of cryptocurrency mining.
Explaining Incentive Paragraph 2:
Bitcoin's incentive system isn't just about new coins. Miners can also collect transaction fees – these are like tips given for processing transactions. When there's more input value than output in a transaction, the difference is this fee that goes to miners.
As time goes by and more Bitcoins are mined, these transaction fees become increasingly important. Eventually, they could take over as the main reward when all 21 million Bitcoins are mined out.
This ensures Bitcoin stays inflation-free because no new coins will be made forever; rewards will come from transaction fees only. It's like making sure that the game doesn't keep adding unlimited points indefinitely but instead runs on points collected from within its existing setup.
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