Glossary term

Halving

Refers to the process where the payout for reward mechanism for blockchain miners is halved when particular conditions are met.

  • Updated August 17, 2018
  • First published April 25, 2018
  • Reading time 1 minute

Definition

Understand the fundamentals, context, and nuances behind this term.

Refers to the process where the payout for reward mechanism for blockchain miners is halved when particular conditions are met.