What is Bitcoin Halving? And Does it Truly Affect the Cryptocurrency's Price?

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Bitcoin halving is when the creation of new Bitcoins is cut by half.

Bitcoin halving is a significant event in the world of cryptocurrency, often surrounded by speculation and anticipation. But what exactly is Bitcoin halving, why does it happen, and does it truly affect Bitcoin's price INTRODUCTION The halving event is rooted in the software of Bitcoin, designed by its mysterious creator, Satoshi Nakamoto.

Decentralisation in blockchain is the distribution of every transactional information, and data on the blockchain network to every computer node connected to the Bitcoin blockchain ecosystem, when the computer nodes that solve the cryptographic hash broadcast to the network that it has solved the hash, the neighbouring nodes pick up the block and check if it meets the Bitcoin blockchain protocol requirements when it does, the node then adds the block to its copy of the blockchain, this way...

 

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