| Block | Hash | Size
| |
|---|---|---|---|
| undefined
00m 00s |
undefined | Transaction Count: undefined
Block Reward: NaN BTC
|
NaN undefined |
| undefined
00m 00s |
undefined | Transaction Count: undefined
Block Reward: NaN BTC
|
NaN undefined |
| undefined
00m 00s |
undefined | Transaction Count: undefined
Block Reward: NaN BTC
|
NaN undefined |
| undefined
00m 00s |
undefined | Transaction Count: undefined
Block Reward: NaN BTC
|
NaN undefined |
| undefined
00m 00s |
undefined | Transaction Count: undefined
Block Reward: NaN BTC
|
NaN undefined |
Bitcoin halving is a process that takes place every four years. It is designed to control the supply of Bitcoin and keep it from inflation. During the Bitcoin halving process, the amount of new Bitcoin that is created is cut in half. This means that fewer Bitcoin will be released into circulation, making it more difficult for miners to earn new coins.
Bitcoin has undergone several upgrades over the years since its launch in 2009, with each one improving the system's efficiency, security, and overall functionality. The most recent upgrade, Taproot, was activated on November 15, 2021, after months of preparation and consensus-building among Bitcoin users and developers. This article aims to explain the concept of Taproot, how it works, and what benefits it brings to Bitcoin users.