DaviDZhiTo

@JamesForever77 Halving là cơ chế giảm phần thưởng được áp dụng trong các đồng coin để ngăn chặn lạm phát.

Halving Halving is a reward halving mechanism applied in coins to prevent inflation. Bitcoin is the first cryptocurrency to apply this mechanism. As the mining time increases, the miner's reward gradually decreases, typically halving after a certain period of time. The halving mechanism helps reduce the amount of coins produced and increase the value of that coin.

@JamesForever77 ETH coin is gaining popularity due to its utility in decentralized finance, smart contracts, and NFTs, attracting interest from investors.

ETH coin is attracting great attention because of its application in the economic field. According to a report by Jupiter Research, applying Blockchain technology can help banks save up to 27 billion USD in cross-border payment transactions by 2030, while reducing costs by up to 11%.

@TeaEmine a split in the blockchain that creates two separate paths, resulting in different versions of the software.

Fork Fork is a technical term often used by Bitcoin developers and in programming circles in general. Fork is simply using the source code of a previous software and changing it to create a new function. For example, when updating an application on your phone, you create a fork from the old version. A blockchain fork can happen for many reasons, such as security improvements, changes in the community, or adding new rules to the blockchain code. Hardfork will make previously invalid blocks and transactions valid, while SoftFork will make previously valid blocks invalid.

@TeaEmine nonce. Once confirmed, the new block is added to the blockchain, ensuring security and immutability.

A new block is created by decoding with the Ethash algorithm, then the network confirms the transactions through PoW and the transaction data is recorded to the Ethereum Blockchain. Once information is saved to the Blockchain, it cannot be changed.

After making the transaction, Miner Nodes will verify the validity of this transaction. In Ethereum, the Proof of Work (PoW) mechanism is used for Miner Nodes to prove that they have completed work and announce this result to the entire network. Other Miner Nodes will then perform validation and check the validity of this proof.

Fiat Fiat is a common national currency like USD, GBP and EUR. Fiat is declared issued by the government and recognized as legal tender, but is not supported in converting into physical assets such as gold.

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