Bitcoin Network Hits 75% Progress Towards Next Reward Halving

Bitcoin Network Hits 75% Progress Towards Next Reward HalvingAt 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block […]

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Satoshi’s Math: How Bitcoin’s Use of Mathematical Tools Ensures System Consistency

Satoshi's Math: How Bitcoin's Use of Mathematical Tools Ensures System Accuracy and EfficiencyOver 14 years ago, Satoshi Nakamoto unveiled the Bitcoin network to the world, creating the very first triple-entry bookkeeping system known to mankind. This technological wonder, with a current market value of $540 billion, ingeniously integrates encryption and mathematical formulas to fortify its security. In this exploration, we delve into two of the mathematical choices […]

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