The halving is a key event in the bitcoin community. It’s a process that occurs every four years and reduces the number of new bitcoins created in each block by half. This event is often marked by celebration and speculation in the bitcoin community. The first halving occurred in November 2012, when the number of […]
How Bitcoin Is Created
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]
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What Does Halving Mean In Bitcoin
What Does Halving Mean In Bitcoin In July of 2012, the Bitcoin network underwent a halving event, which reduced the rate at which new bitcoins were created from 50 to 25. In preparation for the next halving, which is expected to take place in mid-2016, it’s important to understand what this means for the Bitcoin […]
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