The Bitcoin halving is a fascinating interplay of code and economics. Explore how these events control Bitcoin’s supply, inflation and long-term appeal.
A key component of Bitcoin’s design is its periodic halving, which ensures the cryptocurrency’s scarcity and acts as a buffer against inflationary pressures.
Bitcoin halvings, which are programmed into Bitcoin’s code, occur about every four years. The block reward is halved with each halving event, and the supply of new Bitcoin (BTC) is directly impacted.
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Source: https://cointelegraph.com/explained/the-mathematics-of-bitcoin-halvings-cracking-the-equations-and-formulas