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Three halvings of cryptocurrencies to keep an in 2021

Publicado por Aeon Flux en febrero 1, 2021
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In the past, Halvings have often contributed to cryptocurrencies rising in price. This was the case not only with Bitcoin (BTC) but also with Litecoin (LTC). Which halvings are planned for 2021 in the crypto space?Some have probably heard of the term halving in connection with Bitcoin and other cryptocurrencies. With Bitcoin, halving takes place about every four years. After that, all miners in the Bitcoin network will only receive half as many Bitcoins for their work as before. The last time there was a Bitcoin halving was in May 2020.In the past, the price of cryptocurrencies such as Bitcoin or Litecoin has often risen in connection with halving. This is because of constant demand with a decreasing supply of new coins that come onto the market, the price increases.But not only with LTC and BTC there are halvings, but also with other crypto currencies. Today we’re taking a closer look at three cryptocurrencies that are due to be halved in 2021.Tomochain has existed since 2017. The project is a smart contract platform that uses a proof-of-stake consensus mechanism. As a developer on Tomochain, similar to Ethereum, you can develop decentralized applications (dApps).The Tomochain blockchain has a block time of two seconds and every 900 blocks form an epoch. A total of 250 TOMOs are currently being issued for each epoch. This reward is to be reduced to 125 TOMOs on February 7th.The upcoming halving is only the second in the history of Tomochain and is also said to be the last halving of the cryptocurrency. From then on, the output of TOMO should remain the same until the total number of 100,000,000 TOMOs is reached.In the past 30 days, the TOMO price has already risen by over 70 percent and the project currently has a market capitalization of 98…

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