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Halving

Halving is the process which Bitcoin defined to divide by two the rhythm of issuance of new tokens. It occurs every four years and consists in reducing the reward obtained during the mining process. This way, the issuance of new units will be decreasing down to zero.

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Cryptoasset

A cryptoasset is a digital representation of value or rights that can be stored and transmitted electronically. The technology used to store these assets are DLT like blockchain. The cryptocurrencies are a type of cryptoasset, but not the only one.

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Proof of Work

The algorithm “Proof of Work” (PoW) is one the most known in the cryptocurrencies ecosystem. PoW requires a computational work to verify transactions and getting the rewards. The effort done by the miners and required by the algorithm discourages the malicious behaviors.

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