Bitcoin uses the SHA-256 (Secure Hash Algorithm 256-bit) cryptographic hash function to generate transaction IDs. This function takes transaction data as input and produces a 256-bit hash value, which is a 64-character hexadecimal number.
Users can copy the transaction ID into a Bitcoin or BNBChain block explorer to look up these transactions themselves.
Your first transaction is __________?
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📘 #币安知识词典 Second phase: Halving
The first halving occurred in 2012, reducing the block reward to 25 BTC. Subsequent halvings in 2016, 2020, and 2024 further reduced the block reward to 12.5 BTC, 6.25 BTC, and 3.125 BTC, respectively. Since the exact date of the next halving depends on the block height, it is difficult to predict. Given that halvings occur every 210,000 blocks, the next Bitcoin halving is expected to happen in 2028
After 32 halvings, the process will stop, and no new bitcoins will be generated. At that point, Bitcoin will reach its maximum supply of 21 million coins
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Binance Alpha is a platform dedicated to uncovering early-stage crypto projects with growth potential within the Web3 ecosystem. Binance Alpha Points are a 【behavioral incentive system】 designed for active Web3 users, recording relevant Alpha activities within Binance Wallet and APP. Users who meet the point threshold can apply for a chance to participate in the airdrop allocation!
Growth Companion @加密小饼干 has compiled the Alpha airdrop rules and practical guide.
If you're interested in joining Alpha, take a look below👇
📌 This forwarded content is for informational and discussion purposes only and does not constitute any investment advice. Please conduct your own research (DYOR) and be mindful of risk management before participating!
加密小饼干
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Attention friends who haven't boarded alpha yet!
Video content: alpha airdrop rules and practical operation
(Next video plans to record the latest alpha anti-pinch tips, if you want to see it, press 1, if you don't want to see it, press the throat.)
The first halving occurred in 2012, reducing the block reward to 25 BTC. Subsequent halvings in 2016, 2020, and 2024 further reduced the block reward to 12.5 BTC, 6.25 BTC, and 3.125 BTC, respectively. Since the exact date of the next halving depends on the block height, it is difficult to predict. Given that halvings occur every 210,000 blocks, the next Bitcoin halving is expected to happen in 2028
After 32 halvings, the process will stop, and no new bitcoins will be generated. At that point, Bitcoin will reach its maximum supply of 21 million coins
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新手学堂天使自治社区
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📘 #币安知识词典 Issue 1: Introduction to Satoshi Nakamoto Consensus
Key components of Satoshi Nakamoto Consensus:
👉 Proof of Work (PoW)
👉 Block Difficulty
👉 Block Rewards and Incentives
👉 Decentralization
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PS: These knowledge points might be on the test! 🤪