Learn how Bitcoin halving impacts the crypto ecosystem far beyond its blockchain, shaping the future of cross-chain interoperability.
The Bitcoin protocol reduces the supply of new Bitcoin by 50% via the quadrennial Bitcoin halving. This translates into a 50% reduction in revenue (in BTC terms) for Bitcoin miners and poses indirect implications for cross-chain interoperability.
Bitcoin halving events, occurring approximately every four years, reduce block rewards for Bitcoin miners. The halving process is hard-coded into the Bitcoin protocol by its elusive creator, Satoshi Nakamoto, as is the finite supply of 21 million Bitcoin (BTC).
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Source: https://cointelegraph.com/explained/does-the-bitcoin-halving-impact-cross-chain-interoperability-solutions