TheFockinFury on Nostr: Worth noting that halving isn’t a “split” or devaluing of the currency. Rather ...

Worth noting that halving isn’t a “split” or devaluing of the currency. Rather it’s cycle by which the rewards paid out to miners is halved every 210K blocks (4ish years). The idea is that miners depend more and more on fees for revenue rather than a programmed handout from the protocol itself.