Jet Cash (OP)
Legendary
Offline
Activity: 2800
Merit: 2472
https://JetCash.com
|
|
January 25, 2019, 09:32:59 AM |
|
We all know that Bitcoiners seem to like to create their own words to describe events and actions. The famous one is "hodl", and we know that came from a drunken post in this forum. I've noticed another one that is in common use - it is "halvening". It seems to be used as an alternative to "halving", and relates to the block creation reward. I'll give some merits to the best posts that explain the origin of the word, and show the first uses in public forums.
|
Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
|
|
|
Pmalek
Legendary
Offline
Activity: 2912
Merit: 7503
Playgram - The Telegram Casino
|
I managed to find a post dating back to 2012 that mentions 'halvening' on BT. https://bitcointalk.org/index.php?topic=128228.0Regarding the term, someone suggested that it is a term associated with the altcoin Dogecoin: https://www.reddit.com/r/Bitcoin/comments/3o89yz/the_halvening/cvv1vza/Dogecoin talks about 'halvening' in 2014. http://www.dogedoor.net/halvening/Couldn't find who created the term and where it was first used, but could be an interesting investigation Some other BT threads about halvening from 2015-2016 https://bitcointalk.org/index.php?topic=1205386.0https://bitcointalk.org/index.php?topic=1290879.0https://bitcointalk.org/index.php?topic=1445247.0
|
|
|
|
▄▄███████▄▄███████ ▄███████████████▄▄▄▄▄ ▄████████████████████▀░ ▄█████████████████████▄░ ▄█████████▀▀████████████▄ ██████████████▀▀█████████ █████████████████████████ ██████████████▄▄█████████ ▀█████████▄▄████████████▀ ▀█████████████████████▀░ ▀████████████████████▄░ ▀███████████████▀▀▀▀▀ ▀▀███████▀▀███████ | ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ Playgram.io ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | ▄▄▄░░ ▀▄ █ █ █ █ █ █ █ ▄▀ ▀▀▀░░
| │ | ▄▄▄███████▄▄▄ ▄▄███████████████▄▄ ▄███████████████████▄ ▄██████████████▀▀█████▄ ▄██████████▀▀███▄██▐████▄ ██████▀▀████▄▄▀▀█████████ ████▄▄███▄██▀█████▐██████ ██████████▀██████████████ ▀███████▌▐██▄████▐██████▀ ▀███████▄▄███▄████████▀ ▀███████████████████▀ ▀▀███████████████▀▀ ▀▀▀███████▀▀▀ | | │ | ██████▄▄███████▄▄████████ ███▄███████████████▄░░▀█▀ ███████████░█████████░░█ ░█████▀██▄▄░▄▄██▀█████░█ █████▄░▄███▄███▄░▄██████ ████████████████████████ ████████████████████████ ██░▄▄▄░██░▄▄▄░██░▄▄▄░███ ██░░░█░██░░░█░██░░░█░████ ██░░█░░██░░█░░██░░█░░████ ██▄▄▄▄▄██▄▄▄▄▄██▄▄▄▄▄████ ███████████████████████ ███████████████████████ | | │ | ► | |
|
|
|
roycilik
Legendary
Offline
Activity: 2534
Merit: 1987
1% Skill 99% Luck :v
|
|
January 25, 2019, 10:47:49 AM |
|
Maybe this one : August 11, 2012, 09:03:42 PM On the other hand, lower prices are increasing the yield: at current price YABMC is paying >3% weekly. At that rate, getting back the whole capital invested as dividends in a few months, before the halvening, while ASICS are still a pie in the sky, does not seems so unlikely to me.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | | | BK8? | | | . ..PLAY NOW.. |
|
|
|
qwk
Donator
Legendary
Offline
Activity: 3542
Merit: 3413
Shitcoin Minimalist
|
I was unable to find a reliable source for the first use of the word "halvENing". It seems though, that many early records of the use of the word in this form have been pre-dated, altered or mangled. As far as I recall from memory, the word "halvENing" did not become popular before the so-called Fappening, which happened in August 2015. Another argument to be considered is the registration date of the domain thehalvening.com, which appears to have happened 2015-11-05, so it's probably safe to assume that use of the word was not widespread or common before that date. The earliest use of the "primitive" term "halving" in relation to Bitcoin seems to be mineforeman's headline Halving day is almost upon us!, therefore it's safe to conclude that use of the term "halvENing" could not have been common any time before the end of 2012, and probably for quite some time after. My best guess: "Halving" became common sometime at the end of 2012. "HalvENing" may have happened as a typo here and there, but did not appear as a new "word" by itself before September 2015.edit: HalvENing has been in use by the Dogecoin-community beginning early 2014; see below.
|
Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
|
|
|
Pmalek
Legendary
Offline
Activity: 2912
Merit: 7503
Playgram - The Telegram Casino
|
|
January 26, 2019, 09:22:10 AM |
|
@qwk It is interesting that it didn't become 'halfing'! One half and another half makes tho halves in English, why not halfs. So it could have easily become 'halfing' since someone not that knowledgeable with the language could have easily made that mistake.
|
|
|
|
▄▄███████▄▄███████ ▄███████████████▄▄▄▄▄ ▄████████████████████▀░ ▄█████████████████████▄░ ▄█████████▀▀████████████▄ ██████████████▀▀█████████ █████████████████████████ ██████████████▄▄█████████ ▀█████████▄▄████████████▀ ▀█████████████████████▀░ ▀████████████████████▄░ ▀███████████████▀▀▀▀▀ ▀▀███████▀▀███████ | ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ Playgram.io ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | ▄▄▄░░ ▀▄ █ █ █ █ █ █ █ ▄▀ ▀▀▀░░
| │ | ▄▄▄███████▄▄▄ ▄▄███████████████▄▄ ▄███████████████████▄ ▄██████████████▀▀█████▄ ▄██████████▀▀███▄██▐████▄ ██████▀▀████▄▄▀▀█████████ ████▄▄███▄██▀█████▐██████ ██████████▀██████████████ ▀███████▌▐██▄████▐██████▀ ▀███████▄▄███▄████████▀ ▀███████████████████▀ ▀▀███████████████▀▀ ▀▀▀███████▀▀▀ | | │ | ██████▄▄███████▄▄████████ ███▄███████████████▄░░▀█▀ ███████████░█████████░░█ ░█████▀██▄▄░▄▄██▀█████░█ █████▄░▄███▄███▄░▄██████ ████████████████████████ ████████████████████████ ██░▄▄▄░██░▄▄▄░██░▄▄▄░███ ██░░░█░██░░░█░██░░░█░████ ██░░█░░██░░█░░██░░█░░████ ██▄▄▄▄▄██▄▄▄▄▄██▄▄▄▄▄████ ███████████████████████ ███████████████████████ | | │ | ► | |
|
|
|
TalkStar
|
|
January 26, 2019, 09:58:31 AM |
|
"Halving" bear the defination of two equal parts. Origin of halving is "halve". Its a measurement word which actually Uses for divide something in two equal parts.
IMO its generated from the words half which bear kinda same meaning.
half > halve>halving
|
|
|
|
qwk
Donator
Legendary
Offline
Activity: 3542
Merit: 3413
Shitcoin Minimalist
|
|
January 26, 2019, 01:32:12 PM |
|
And Half ling would have probably made a better case in point. One coin to rule them all...
|
Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
|
|
|
NeuroticFish
Legendary
Offline
Activity: 3822
Merit: 6529
Looking for campaign manager? Contact icopress!
|
|
January 26, 2019, 01:41:18 PM |
|
Dogecoin talks about 'halvening' in 2014.
Yep, indeed they did. I can certify that And for the good skills and patience in research I'll also give you some merit.
|
|
|
|
qwk
Donator
Legendary
Offline
Activity: 3542
Merit: 3413
Shitcoin Minimalist
|
|
January 26, 2019, 02:02:33 PM |
|
Dogecoin talks about 'halvening' in 2014.
Yep, indeed they did. I can certify that Seems you're right. A quick google found I've heard the payout is random and the maximum is 1M Doge. So the average payout for the first 100,000 blocks is 0.5M Doge/block. So after the first halvening 50B Doge are in exisitance.
on January 30, 2014. I guess stackexchange postings are likely to be correctly dated. It also makes sense considering the wordplay & meme culture around Doge. I consider a play of words with the "it's happening" Ron Paul meme a possible explanation. edit: Archive.org has a snapshot from February 11, 2014 for the site mentioned by Pmalek, which confirms the existence of the Ron Paul meme by then. https://web.archive.org/web/20140211010455/http://www.dogedoor.net/halvening/
|
Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
|
|
|
BitBustah
|
|
January 26, 2019, 03:32:42 PM |
|
Impossible to know and I'm sure someone used it in real life talking instead of typing it on a forum. I still don't see the word that often, lot of people just say block reward reduction or something similar.
|
|
|
|
cabalism13
Legendary
Offline
Activity: 1428
Merit: 1166
🤩Finally Married🤩
|
|
January 27, 2019, 05:29:27 AM |
|
Impossible to know and I'm sure someone used it in real life talking instead of typing it on a forum. I still don't see the word that often, lot of people just say block reward reduction or something similar.
Yeah, it might be, I also tried my best to find its origin, history, where did it come from, and others. But all I can find was halvening that happened back then. Can't really find who made that slang word... This is quite infamous don't you think?
|
|
|
|
manishanand
Member
Offline
Activity: 182
Merit: 14
|
|
January 27, 2019, 06:13:58 AM Last edit: January 27, 2019, 06:26:03 AM by manishanand |
|
|
|
|
|
Hivalley
Member
Offline
Activity: 210
Merit: 19
|
|
January 27, 2019, 06:40:15 AM |
|
This is quite infamous don't you think?
Yeah to me it is,neither do I feel it has become a "catch phrase" on the forum such as the others like hold,fomo etc And you can see that all records of it dates back to previous years,it hasn't really been used on the forum that much as I've personally not come across it, probably on one or two posts to just signify "half" of something I think
|
|
|
|
r1s2g3
Sr. Member
Offline
Activity: 742
Merit: 395
I am alive but in hibernation.
|
|
January 27, 2019, 07:36:20 AM |
|
It is really very interesting question. I thought that satoshi should tell about the block rewards in the White paper, but there is no mention of it in the whitepaper. Satoshi left the forum much before the halvening take place.
I like to use the LoyceV AI capabilities to find the answer of this question.
|
I am alive
|
|
|
|
cabalism13
Legendary
Offline
Activity: 1428
Merit: 1166
🤩Finally Married🤩
|
|
January 27, 2019, 09:49:20 PM |
|
I like to use the LoyceV AI capabilities to find the answer of this question.
I already asked the AI reagrding this, but it seems the origin of this word is still unknown even with the power of AI. The fact that even the AI doesn't know about this, then I assume that this is much harder to find than a lost dog several days ago I saw the thread, I don't know Never used the word, I know the "Flippening" from those Eth guys, but they're awefully quiet lately.
|
|
|
|
jademaxsuy
|
|
January 28, 2019, 12:21:23 AM |
|
The first forum user who use the word halvening in bitcointalk forum is conspirosphere.tk which conspirosphere.tk use halvening in his/her post ( Post Link) on august 11 way back in 2012 until an event in which Block 210000 was found and broadcast on 2012-11-28 at 15:24:38 UTC in which happened on december 28, 2012 in which the block reward is divided into half or halvening (which is used until it is commonly used now).
|
|
|
|
SergioW
Jr. Member
Offline
Activity: 45
Merit: 2
|
|
February 13, 2019, 05:42:35 PM Last edit: February 13, 2019, 06:28:36 PM by SergioW |
|
I’ve just googled over the web and found a definition that is quite comprehensive for me as a newbie. So, according to Expressvpn and their glossary, halvening comprises two words "halving" and "happening". https://www.expressvpn.com/internet-privacy/bitcoin-glossary/Every 210,000 blocks, the block reward is halved. Starting from 50 BTC per block in 2009, it currently stands at only 12.5 BTC, after two halvings. Eventually, the block reward will go to zero, after 33 halvings. Also called a “halvening” (halving & happening), this event is popularly celebrated, similar to a New Year’s Day of Bitcoin. As to the first uses of halving, my investigation brought me back to bitcointalk threads but from outside site, i.e. altcoin wikia http://altcoin.wikia.com/wiki/Coiledcoin that referred to our bitcointalk member thread https://bitcointalk.org/index.php?topic=56675.0 and it dates back to January 05, 2012
|
|
|
|
Artemis3
Legendary
Offline
Activity: 2030
Merit: 1568
CLEAN non GPL infringing code made in Rust lang
|
|
February 13, 2019, 08:25:45 PM |
|
Dogecoin talks about 'halvening' in 2014. Yep, indeed they did. I can certify that And for the good skills and patience in research I'll also give you some merit. I was right there on IRC, tho i didn't pay much attention why they called it halvening instead of halving, but whatever, it was "party time!". I did learn at that time that it meant miners would get half for finding a block... Dogecoin exhausted all its "halvenings" rather quickly and almost nobody was mining it anymore anyway...
|
█████████████████████████ ██████████████████████████ ██████████████████████████ ███████████████████████████ | BRAIINS OS+| | AUTOTUNING MINING FIRMWARE| | Increase hashrate on your Bitcoin ASICs, improve efficiency as much as 25%, and get 0% pool fees on Braiins Pool | |
|
|
|
odolvlobo
Legendary
Offline
Activity: 4466
Merit: 3391
|
|
February 13, 2019, 11:50:00 PM |
|
I searched both of those and found no use of the word "halvening". Are your links correct?
|
Join an anti-signature campaign: Click ignore on the members of signature campaigns. PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
|
|
|
|