Get set for bitcoin ‘halving’! Here’s what that means | Curio

Get set for bitcoin ‘halving’! Here’s what that means

7 mins | May 4, 2020

All your questions on the latest development of the cryptocurrency, answered. "Bitcoin has another quirk, one that was built into the code that gave it birth: every so often, the formula that governs the rate at which new tokens are created changes. As another such event — called a halving — approaches, Bitcoin supporters and sceptics are debating what kind of impact it may have on the coin's value." Vildana Hajric and Brandon Kochkodin, report for Bloomberg Businessweek.

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From Bloomberg Businessweek