2023-06-03 03:14
The Ethereum Classic (ETC) Halving refers to a predetermined reduction in the amount of newly mined ETC that is released into circulation. This is achieved by reducing the block reward that miners receive for successfully verifying transactions on the ETC network. The purpose of the halving is to control inflation and ensure that the total supply of ETC remains finite. However, this event is often accompanied by a drop in the price of ETC, as investors anticipate a decrease in the supply of ETC and adjust their trading accordingly. This can lead to a period of volatility and uncertainty in the ETC market.
Release time 2023 06 03
Release time 2023 06 03