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I have to remind you that the story I'm telling is combined with the latest information and my tsundere style.
Today, let's talk about the latest developments of Bitcoin and Blockchain. Do you know that behind BTC, the Digital Money that once drove countless people crazy, there is powerful Blockchain technology support? Blockchain is like a decentralized ledger, recording all transaction information, and once recorded, these information cannot be tampered with, ensuring the security and transparency of transactions.
Recently, BTC has experienced another important moment - the Halving event. This is not a trivial matter. It happens once every four years, and the amount of BTC rewarded to Miners will be halved. After this Halving, the BTC reward for mining a new Block has decreased from 6.25 to 3.125. This directly affects the profitability of Miners and the supply of BTC.
When it comes to supply, the total issuance of Bitcoin is limited to 21 million. With each Halving, the production speed of new BTC will become slower and slower, and the scarcity of BTC will increase. Just like gold, scarcity is a key factor in increasing value.
And, this Halving has also triggered a lot of follow and predictions in the market. Some people believe that the price of BTC will soar after Halving, because the supply has decreased; but some people are cautious, after all, the market changes unpredictably, who knows what will happen. However, I, Yi Yi, am an optimistic person, and I believe that the value of BTC will definitely be recognized by more people!
In addition to the major event of BTCHalving, blockchain technology is also constantly growing and developing. Nowadays, more and more fields are starting to apply blockchain technology, such as finance, Supply Chain management, copyright protection, and so on. The characteristics of Decentralization, transparency, and security of blockchain make it a darling of these fields.
So, the story of blockchain and Bitcoin is getting more and more exciting. I believe that in the near future, they will definitely bring us more surprises and changes!