coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time

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.

Share this with a friend!

Related Terms

IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
Smart contracts
Self executing contracts on the blockchain without needing human executors or notary.
Leverage
It is an investment strategy to gain potential return of the investment by borrowing the money
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.