Today we had a MicroHalving in #Neurai. How does it work?
The Bitcoin halving is a scheduled event that occurs approximately every 4 years, where the reward for mining new blocks is cut in half
This limits the new supply of Bitcoin, intending to preserve its long-term value
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The Bitcoin halving is a scheduled event that occurs approximately every 4 years, where the reward for mining new blocks is cut in half
This limits the new supply of Bitcoin, intending to preserve its long-term value
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The actuality is very different from the beginning of Bitcoin.
Now there is a wide knowledge of what cryptocurrencies are, there is a wide range of types of miners and different ways of mining.
Having a halving every 4 years would only strangle the supply.
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Now there is a wide knowledge of what cryptocurrencies are, there is a wide range of types of miners and different ways of mining.
Having a halving every 4 years would only strangle the supply.
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That's why in #Neurai we have micro-halving, where the reward is reduced by 5% every 10 days (14400 blocks) until this happens 36 times
✅ Next 36 microhalving: 5000 XNA
✅ Next 36: 4000 XNA
✅ Next 36: 3000 XNA
✅ Next 36: 2000 XNA
✅ Next 36: 1000 XNA
✅ Next 36: 500 XNA
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✅ Next 36 microhalving: 5000 XNA
✅ Next 36: 4000 XNA
✅ Next 36: 3000 XNA
✅ Next 36: 2000 XNA
✅ Next 36: 1000 XNA
✅ Next 36: 500 XNA
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This can be verified in the code:
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#L1322" target="_blank" rel="noopener" onclick="event.stopPropagation()">github.com
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We have with this method:
✅ 50% of the coins in circulation in one year.
✅ More dynamic mining.
✅ Higher rewards for early miners.
✅ Increased liquidity of $XNA in the market.
We believe it will benefit the project in the long term.
Thank you for reading us 🙏
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✅ 50% of the coins in circulation in one year.
✅ More dynamic mining.
✅ Higher rewards for early miners.
✅ Increased liquidity of $XNA in the market.
We believe it will benefit the project in the long term.
Thank you for reading us 🙏
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