8.7 C
September 24, 2020
Image default

What is the Bitcoin half-life? Explain the impact on virtual currency price and caution points

Virtual currency Bitcoin half-life is the half-life is to maintain the mechanism of “mining” of virtual currencies such as Bitcoin (BTC). An event that halves. A virtual currency with a preset issuance limit is set so that the amount that can be mined and the mining amount (supply amount) will decrease at a specific timing, and this is called a half-life (bit coinhalving). With Bitcoin, every time a block that summarizes a transaction is generated, the calculation work for that is performed.

Related posts

The G20 is working on a legal framework for digital payments Blocksats

Aparnna Hajirnis

Bitcoin Technical Analysis + ETH, BCH, XRP and LTC – Blocksats

Aparnna Hajirnis

Sylwester Suszek (BitBay) comments on TVN’s “Supervisor” Blocksats

Aparnna Hajirnis

Leave a Comment