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The Bitcoin halving (also called “the halving” or “the halvening”) is a pre‑programmed event in Bitcoin’s protocol that reduces the block‑reward that miners receive for adding a new block to the blockchain by 50 %. **How it works** - When Bitcoin first launched in 2009, miners earned **50 BTC** for each block they mined. - The Bitcoin code specifies that **every 210,000 blocks**—roughly every four years—the block‑reward is cut in half. - This continues until the maximum supply of **21 mi

A DAO (Decentralized Autonomous Organization) is an organization that operates through smart contracts on a blockchain rather than a traditional hierarchical structure. Its key characteristics are: 1. **Decentralized Governance** – Decision‑making power is distributed among token holders or members, who vote on proposals using on‑chain mechanisms. 2. **Autonomous Execution** – Once a proposal is approved, the associated smart contract automatically enforces the outcome (e.g., fund transfers, pa