What is the halving concept?

The word halving, of Anglo-Saxon origin, refers to something that can be divided into two equal or equivalent parts (half). It is a synonym for other terms such as divide, subdivide, bifurcate, segment and dissect. Therefore, in the area of ​​cryptocurrencies, the concept of halving is closely related to the idea of ​​reducing an amount to an exact half, as is the case with the creation of new currencies in networks such as Bitcoin or Litecoin.

Monetary issue in Bitcoin

There will never be more than 21 million of $BTC (fractions less, in fact) and of that limit there are already more than 19 million issued. The halving guarantees that the creation of the currency becomes smaller and smaller, until it reaches that goal. After every #halving , the amount of Bitcoin to be issued in the started period is reduced by half.

sources: cryptonoticias.com

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