Halving

A scheduled Bitcoin event that reduces the block subsidy paid to miners by half.

Definition

A scheduled Bitcoin event that reduces the block subsidy paid to miners by half.

Why it matters

Bitcoin-specific terms explain the architecture, monetary policy, and transaction model of the first major blockchain network.

Bitcoin — term
Mining — term
Proof of Work — term
UTXO — term

Canonical knowledge ID: glossary:halving

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