Reward Mechanism

The reward mechanism for BSV consists of block subsidies and transaction fees, which are crucial for network sustainability. Key points include:

• Block Subsidy: Initially, miners received substantial rewards (e.g., 50 BTC per block in 2010). This reward decreases through a process known as halving, occurring every 210,000 blocks (approximately every four years).

• Transition to Fees: As block rewards diminish, the focus shifts towards transaction fees generated from actual network usage rather than speculative trading.

• Utility-Driven Model: BSV emphasizes real-world applications, such as sustainability tracking and supply chain auditing, which drive high transaction volumes.

This model ensures that miners remain incentivized, the network maintains security, and businesses can leverage a scalable blockchain infrastructure for their operations.