Halving Bitcoin: Understanding the Impact of Bitcoin's Supply Reduction
In the world of cryptocurrencies, the event known as "halving" is a key moment that attracts the attention of investors, traders and crypto enthusiasts. One of the most famous and widely discussed halving is bitcoin halving. In this article, we will look at what bitcoin halving is, how it affects cryptocurrency and why this event is so important for the entire cryptocurrency community. Bitcoin, the most popular and first cryptocurrency, was created in 2009 and operates on the basis of blockchain technology. One of the key features of Bitcoin is its limited supply - only 21 million coins. In order to control inflation and maintain the value of the cryptocurrency, the Bitcoin protocol provides for a halving mechanism that occurs approximately every 4 years. How does Bitcoin halving work? According to the Bitcoin protocol, every 210,000 blocks (approximately every 4 years), the reward for mining a new block is halved. Initially, the reward was 50 BTC, then it decreased to 25 BTC