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Invoker | δungeon µaster 1 Profile picture
Invoker | δungeon µaster 1
@InvokerDungeons
δμ #1
Sep 11, 2022 • 9 tweets • 3 min read
Some say the #Merge transition effect of #ETH from POW to POS would be the equivalent of triple-halving of Bitcoin.

Let’s understand why it is so, and what’s different.
🧵👇 1/7
 “Halving” first came from the #Bitcoin blockchain, where rewards in the form of Bitcoins were awarded to miners who helped to “secure the blockchain”.

If the block of assembled transactions is accepted and verified by other miners, then the miner receives a block reward.