HalvingAn event that serves to reduce by half the reward of Proof-of-Work miners that operate the blockchain network. With specific... Read More is a predetermined event that occurs on a blockchain networkA blockchain network is a decentralized system that allows for peer-to-peer transactions. The main components of a blockchain network are... Read More at regular intervals and results in a 50% reduction in rewards for proof-of-workThe plugin doesn't mess with the featured image feature either, but allows WordPress and the theme we choose to hide/show... Read More miners. On the Bitcoin blockchainThe Bitcoin blockchain is a shared public ledger that records all bitcoin transactions. It is constantly growing as "completed" blocks... Read More, “halving” is when the rate of new bitcoinBitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the... Read More creation is cut in half for every 210,000 blocksGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell... Read More minedA blockchain is a distributed database that is shared among the nodes of a computer network. Read More, or roughly every four years. Halving will continue until all 21 million Bitcoins are in circulation.
