Part 5/8:
As block rewards diminish, Bitcoin is expected to transition into a new operational paradigm:
Network Security via Transaction Fees: Miners will secure the network primarily through transaction fees, incentivizing them to maintain the blockchain's integrity.
Layer-2 Solutions for Scalability: Technologies like the Lightning Network will enable faster and cheaper transactions, expanding Bitcoin's utility for everyday payments.
Benefit for Long-term Holders: Investors holding Bitcoin long-term may benefit from increased scarcity and rising value over time.