What is the meaning of Halvening?

[Abood 0]

The Halvening (sometimes referred to as “the halving”) is the moment when Bitcoin’s block subsidy gets cut in half. The halving of Bitcoin’s block subsidy occurs every 210,000 blocks (roughly every 4 years) and is a key feature of Bitcoin. It is because of the halving of the block subsidy that Bitcoin ultimately will have a capped supply of 21 million bitcoin.

[Judge 529]

If cryptocurrency are paying miners of their and some of they meet certain target they will reduce the amount of cryptocurrency they are paying there participate, that is the little understanding I have on halving in the world of cryptography but after reviewing the post of other members I will learn more.

[dlal88 725]

The concept of halving is very large, but I am a beginner and I do not have the ability to explain the details to you, but by collecting some information about this symbol I think it happens every four years when the rewards granted to bitcoin miners to verify the validity of transactions are reduced by 50% and this is just compensation for the costs associated with maintaining On the net, thus launching the new Bitcoin currency. This is my opinion, my friends. Please correct if I am wrong

[Abraham Lingkon 8]

Halving is the process of making the tokens or a crypto more harder to get it so as to maintain the supply so say if there are about 1Million bitcoins and there are a million  miners , then it could be made ten times harder to mine so as to make it easy for the price of bitcoin retain the supply price.

[Raj Konna 0]

Halving is crypto term that describe a stipulated period of that decreases the number of a coin mined, just recently as we experience the halving of BTC it was expected to make a significant impact on the price of BTC as it has begun with the help of bull run

[Kafi Khan 333 4]

Helo friend, sorry I don't know about this topic and I don't know about meaning of halvening I think bitcoin halving but I also don't know what's the meaning of the bitcoin halving by the way. 

[Kanon Khan 4]

Quite simply, it is to halve the blocking bonus for the blockchain in the blockchain chain, meaning that the block produces, for example, 12.5 bitcoin, so the output becomes 6.55 bitcoin, i.e. increasing the cost of production in other words.

[Tahir shah 786 0]

can't provide you with precise details about this manually, but I have obtained this connection for you to review, and I hope you will have satisfied ideas about this halving, because frankly, providing information can be difficult at times, but take a look.

[Maryam01 413]

Actually friends from the word "halve" meaning to reduce by half. Halvening is an act where number or supplies of bitcoins are being reduce,which can cause increase in price if the demand is strong enough.

 

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[Rose7755 183]

I think The supply of new coins will be halved from halvening day, It could be profitable for sure because a number of smaller miners will stop mining and the supply in that time will be decreased, so the price will be increased to a higher value.

[Hamza Ahmad 510]

Bitcoin halving is an event in which the reward of miners is halved according to the new rate of the released bitcoin. This is done every four years. This is done to reduce inflation and supply which in turn increases demand and price.

[HumamAliDeeb 590]

Halving is the process of reducing the rate at which new digital currencies are created. Specifically, the word halving refers to the events of reducing the block mining rewards provided to the two miners, and halving operations are the core of economic models of digital currencies because they ensure the issuance of new currencies at a steady rate that follows the expected decay rate. This rate used to combat inflation is one of the main differences between digital currencies and traditional fiat currencies, of which infinite numbers can be printed.

[Mohsinrafiq169 210]

Halveninng is a line that utilizes up to Bitcoins.Or very few people know about the command that is used very little.There is nothing special about this forum, it is not necessary to think so much about it.

[abohasnn9 2401]

Dear, I have some information about halving, which means extracting bitcoin every four years, an average of the blocks is extracted and every 4 years the profit prize for modification of the bitcoin currency is reduced by almost half and this matter with the progress of time every four years the award is reduced and a much smaller number  Bitcoin is the first book to extract a million, perhaps, and this is how the reduction is done, and this halving and its meaning is like this. Thank you very much.

[MalakSN 243]

And the first time I read it, I didn't get it as well as it should.  But according to a friend of mine, it is about reducing the reward given to a miner who processes a block code / network in half and in this way the coins are distributed

[Alaa44 201]

I am new here and have read. Many terms I do not know the meaning of such as Halvening, but thanks to member posts I have become aware of the meaning of many of the terms
I would like to thank everyone for giving us the benefit

[galb za 416]

In fact, my friend, I do not know much about halving as well, but I think it has to do with miners and other technologies. I think you should ask in the crypto world section because it contains more information and senior members than here.

[Luciferlucky 0]

Well .. in fact, I am a novice in the world of cryptocurrency and this term I have not dealt with yet and I have not seen it in advance .. It is difficult to answer your question .. but I hope that the responses of the members have answered it .. I will grow in this forum and of course I will learn more. I hope You and everyone can succeed

[Ishafaq7766 459]

I didn't know about it because I'm a new member here, but I need to know about it because I'd like to expand my awareness of the crytosphere, so please tell me about it.

[Harry jhon 246]

Halvening is a word used when the profits for Bitcoin miners are halved, it is used every 4 years in order to boost bitcoin's current value. During this time, mining is much less competitive as Bitcoin limits the amount of btc.

[Nor88 202]

It means the planned reduction in rewards that occurs once every four years or so as the name implies. Each person reduces the amount of Bitcoin mining reward they receive in half, and this practice works to maintain scarcity.

[Ammar22 334]

Thank you for this post .. I am a new member here and I have noticed many members mentioning this term and the answers I got in the responses have helped me understand this term .. Good luck

[Urwa 8]

 

A lot has changed for Bitcoin, Cryptocurrency and Blockchain since the last half of Bitcoin (which society calls half), which happened on July 9, 2016, and every time that happens, no one is quite sure of the Bitcoin price or the economy that has accumulated around it, they will react .

[Enasalshrbaji20 516]

It is all four years in an attempt to minimize the value of the configuration if there is a large height or unexpected increase ... it is relating to the encrypted currency and things for the mining process

Edited April 13, 2021 by Enasalshrbaji20

[Jack764 1841]

The split is an incident that passes through Bitcoin every 4 years in which the number of currencies is doubled, and I noticed that after the split, the price of Bitcoin rises dramatically.