The Effect of Halving on Bitcoin’s Use as a Medium of Exchange
Bitcoin, the leading cryptocurrency in the world, has seen a significant rise in popularity since its inception in 2009. One of the key events that impact the Bitcoin ecosystem is the halving event, which occurs approximately every four years. The halving event is programmed into the Bitcoin protocol and serves to reduce the rate at which new Bitcoins are created by half. This event has a profound effect on the supply of Bitcoin and ultimately influences its use as a medium of exchange.…
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octubre 18, 2024