What is a BitcoinSV block halving event?
Block halving events happen every 4 years or 210,000 blocks on BitcoinSV blockchain. The current block reward is 12.5 BSV , the next block reward will be 6.25 BSV . This lowers the rate at which BitcoinSV is generated. The halving is periodic and is programmed into BitcoinSV’s code.
Why was this done?
Conventional FIAT currencies allow governments or banks to print money and cause inflation. In BitcoinSV’s case, the total supply will be maxed out at 21,000,000 BSV . Printing extra money causes inflation, if there is no extra money printed, the value of the BitcoinSV should increase as the demand will rise (more people will start to use BitcoinSV) and supply will lower or stay flat (no more BitcoinSVs are “printed”). This makes BitcoinSV similar to gold, which has limited supply and cannot be “printed” or artificially created.
English 
繁體中文 
Tiếng Việt 
Português do Brasil