Hello Everyone ...
As We Know 9 Juli 2016 ago . Bitcoin experience what is called the " halving " , what is the halving ?
What is that Bitcoin halving?
In the system of Bitcoin, Bitcoin halving serves to regulate the rate of creation of currency. By reducing the block reward Bitcoin miners were given to be only "half" of its previous value.
As has been known, that the creation of a new Bitcoin, carried by the miners with a way to solve puzle arranged in cryptography in the levels of certain difficulties. Bitcoin miners, it will get a reward of 25 Bitcoin. Previous reward of 50 Bitcoin Bitcoin. And is expected in late July will reward the block will be reduced again to 12.5 Bitcoin.
Bitcoin Bitcoin be a halving in the way in regulating the function of monetary Bitcoin. That rule has been arranged in such a way in the Bitcoin protocol. Bitcoin halving will happen automatically when the creation of Bitcoin block has reached 210,000 blocks.
A discussion of rewards and incentives in the Bitcoin block can be read further on the discussion of incentives and proof of work Bitcoin.
Why monetary function in Bitcoin arranged like that? Because Bitcoin currency is different from the conventional. In conventional currency, the Central Bank is the competent authority and duty to control the monetary base. While Bitcoin is different, because there is no centralized system in Bitcoin.
As has been known, that the creation of a new Bitcoin, performed by nodes that are connected in the network Bitcoin Bitcoin via a Bitcoin mining process. While Bitcoin mining process is done by solving puzzles in the levels of certain difficulties to be able to find new blocks Bitcoin. Because Bitcoin currency is different from that of conventional, it takes the instrument can still be set in the Bitcoin monetary reward Bitcoin block in the mining process. That's what the Bitcoin halving the Bitcoin system.
halving outline reduction reward until 50% ... so whether this will affect the global market price ??
so see with me and together ...
yeah go to the moon bitcoin ..
#savebitcoin
#investbitcoin
nicely for good investment
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