What Is Bitcoin Halving | The Code Behind Bitcoin Halving Explained


Bitcoin halving is an event that reduces the supply of newly produced bitcoins by half. It occurs every 4 years or to be precise every 210000 blocks and it is a part of the validation logic in the Bitcoin source code.

Bitcoin halving is important to discuss as it affects miners profitability and often has an impact on the Bitcoin price. It is also one of the main reasons why Bitcoin is perceived as sound (hard) money with the inflation rate steadily trending to zero and becoming deflationary in a long run in opposite to all the other fiat currencies.

Mastering Bitcoin (by Andreas Antonopoulos) ► https://amzn.to/2ILqylp

Post ► https://finematics.com/bitcoin-halving-explained-code-analysis
Website ► http://finematics.com
Follow me on Twitter ► https://twitter.com/finematics

Donations:
Bitcoin ► 18ngQa7qzfg9RpstBz3ZCSm2fAzm6tqaa4
Lightning ► https://tippin.me/@finematics

Referral links:
Brave Browser ► https://brave.com/fin661 (ads-free browsing)
Ledger Nano S ► https://shop.ledger.com?r=2af228941155 (hardware wallet)

If you like this video, give it a like, share it and subscribe to my channel.
Thanks for watching!

Leave a Reply

Your email address will not be published.