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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

Scrypt
one of the hashing algoritm used in proof-of-work protocol, scrypt requires more memory in order to performing mining functions
Algorithm
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Address Delegation
Delegation of a wallet's stake to a Super Staker
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
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