The upcoming halving of BTTC (BitTorrent Token) is a significant event that will impact the BitTorrent ecosystem.

Here are some key points about the halving and its potential impact:

👉 Halving Date: June 25, 2024, 00:00 (UTC)

👉 Reward Reduction: Daily rewards for storage miners will be halved from 15 billion BTT to 7.5 billion BTT

Impact of Halving:

👉 Encourages miners to optimize node operation and reduce waste

👉 Promotes more efficient node performance

👉 Supports the long-term sustainability of the BTFS network

👉 Potential effects on BTTC token:

👉 Reduced supply: Decrease in the number of newly generated BTTs per day

👉 Decreased miner income: Miners may withdraw or reduce mining investment

👉 Market confidence: Demonstrates the system's emphasis on long-term stability and sustainable development

👉 Ecosystem development: May benefit from the growth and development of the BTFS ecosystem

It's important to note that the halving is a pre-programmed event designed to gradually reduce the supply of new BTT tokens entering the market, aiming to maintain a balanced and sustainable ecosystem.