Halving
By CoinGecko | Updated on Mar 03, 2020
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network. Each cryptocurrency sets every few blocks this automatic adjustment is made. In Bitcoin it is every 210,000 mined blocks.
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Related Terms
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Application-Specific Integrated Circuit (ASIC)
Refers to specialized computers that are made to do a very specific task (eg. calculate hashes for Bitcoin's Proof-of-Work)
Ring Signature
A type of digital signature performed in a group where it becomes impossible to determine which member's key in the group were used for the digital signature.
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