Are you ready for April 2024 bitcoin halving? Or do you thin | the billionaire on Binance Square

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the billionaire

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Bullish

Are you ready for April 2024 bitcoin halving?
Or do you think this time is different?
#BTC $BTC $ETH $BNB
#mina
#dydx
#etf
#cryptocurrency

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billion coins issued annually. In contrast, Shiba Inu initially featured a supply cap but later removed it, prompting concerns about scarcity and its consequent impact on value. SHIB has a limited supply, with a standing total of 1 quadrillion tokens. Regarding technical distinctions, Dogecoin employs the Scrypt hashing algorithm and plans to transition to a PoS consensus mechanism for community staking. In contrast, Shiba Inu leverages Ethereum’s infrastructure, combining PoS and PoA techniques to enhance scalability and decentralization. Additionally, in Dogecoin, there’s a permanent block reward of 10,000 DOGE per block, which is given to miners or validators for securing and validating transactions. However, Shiba Inu, though it once had a block reward system, has moved away from this traditional model, and its current supply dynamics no longer adhere to the conventional block reward mechanism. In terms of block confirmation time and transactions per second, Dogecoin and Shiba Inu exhibit notable differences. Dogecoin boasts a block confirmation time of approximately one minute, accommodating roughly 33 transactions per second. On the other hand, Shiba Inu, operating on the Ethereum network, offers faster transactions with a confirmation time of around 13–15 seconds, albeit subject to variations based on network congestion. This means that, while Dogecoin has a slightly longer block confirmation time, Shiba Inu generally provides quicker transaction speeds. $SHIB $DOGE

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