Cryptocurrencies
Bitcoin Offshoot Undergoes ‘Halving’ in Prelude to Larger Blockchain’s Change
- The Bitcoin offshoot is cutting rewards of new tokens in half
- Bitcoin is due to undergo a similar change in about 16 days
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In a precursor to Bitcoin’s “halving” later this month, an offshoot cryptocurrency called Bitcoin Cash is reducing its supply of newly minted token by 50% Wednesday.
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