Clarification on the #PEPE‏ coin halving.

The Pepecoin halving that will take place on February 4, 2025 will be a block reward halving, similar to that of Bitcoin. This type of halving implies that the reward that miners receive for each block of transactions they validate will be halved. In this case, the reward will decrease from 62,500 Pepecoins to 31,250 Pepecoins per block.

However, unlike Bitcoin, which has a mining mechanism based on Proof of Work (PoW), Pepecoin is based on a Proof of Stake (PoS) system, which implies that the way blocks are generated and distributed is different. The impact on the network might not be as direct as in Bitcoin, but it is still an important event for the supply and demand dynamics of the currency, which could influence its price.

This type of halving can:

Decrease the supply of new coins, which could theoretically create upward pressure on the price if demand remains constant or increases.

Reduce rewards for validators, which can affect the incentive to continue participating in the transaction validation process, depending on other network factors.

This halving in Pepecoin will be more symbolic due to the nature of the cryptocurrency, which is better known for being a meme coin than for its use as a long-term asset.