The Fourth Bitcoin Halving, April 21, 2024

On April 20, 2024, the fourth Bitcoin Halving cut block rewards to 3.125 BTC, amidst challenging macroeconomic conditions and future event uncertainties.

On April 20, 2024, the fourth Bitcoin Halving cut block rewards to 3.125 BTC, amidst challenging macroeconomic conditions and future event uncertainties.

Smart Contracts are pieces of codes that automatically execute blockchain transactions based on a set of inputs given.

Halving means a phenomenon in blockchains by which block rewards are reduced to half of their previous value.

Tokens are those cryptocurrencies which exist on other blockchains; and might or might not have their own blockchain. Understand the difference of coins vs tokens.

Gas fee is the transaction fee charged in the Ethereum blockchain. The fee is paid to Ethereum validators for verifying transactions and adding blocks to the blockchain.

Consensus Mechanisms are different ways to verify blockchain transactions by running it through multiple validators each of whom verifies them individually.

A testnet is a replica of the mainnet with reduced security and reduced network capacity meant to simulate the mainnet for testing purposes.

Finality refers to the situation where a blockchain transaction is permanent and cannot be reversed. For Bitcoin, the blockchain finality is after 6 blocks.

Shiba Inu is a meme coin created by the pseudonymous developer Ryoshi as a response to Dogecoin.
A blockchain is a set of blocks each of which records details of several transactions. Together, it creates a distributed ledger that is nearly immutable.