Cryptomultiplier
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July 09, 2023, 08:59:31 PM |
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As long as both words convey the meaning of the idea, it really shouldn't matter what term to use.
Halving is a verb which means to divide into two. In this case where BTC is involved, it would be when BTC is divide into two. When a whole becomes half. This event is expected to happen sometime next year 2024, and it is that whatever coin in BTC, will have a reduced value. It is a strategic event and when it is happening, in the process, it can be called halvening.
Although the term halvening is hardly used, it means same as halving.
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GreatArkansas
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July 09, 2023, 11:38:33 PM |
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In proper English it should be halving. Words like halvening or hodling are just fun jokes that became a part of the bitcoin lore, if we can call it that. There's so many investment meme words, like stonks, or corn (bitcorn), shitcoin, nocoiner and so on. They all have their uses, and it's up to you when and how you will use them. For example, this fun lingo will work here or when you're having a beer with friends, but when summoned to court or a congressional hearing, you won't say: noobs dumped all their cornz before the halvening, but I'm an OG hodler, I'm stacking. Make sense, halving for me is the one that is widely used since Bitcoin started. It's the term what the majority of people use and for me, it is the official word we must use so some people will don't have any confusion even though they are almost the same meaning. It's already stated in the first OP, where "halving" is used earlier that "halvening".
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OgNasty
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July 10, 2023, 12:08:57 AM |
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I typically refer to it as the halving, but I saw a post somewhere on here a while back where they were saying that in order to tribute Hal Finney in a similar fashion to satoshi nakamoto with satoshis, the halving event should be referred to as the halfining. Sure, it’s the halving of the block reward, but it’s also an owed to hal when called the halfining.
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philipma1957
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July 10, 2023, 12:20:09 AM |
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Well ½ ing is pretty clear to me, But to each their own.
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mk4
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July 11, 2023, 05:30:18 AM |
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I typically refer to it as the halving, but I saw a post somewhere on here a while back where they were saying that in order to tribute Hal Finney in a similar fashion to satoshi nakamoto with satoshis, the halving event should be referred to as the halfining. Sure, it’s the halving of the block reward, but it’s also an owed to hal when called the halfining.
Never heard of the term "halfining" used and I'm pretty active in the community lol. While it sounds cute, it's quite pushing it though. We already have a good number of tributes to Hal that making more is making us look like a cult.
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pawel7777
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July 11, 2023, 04:58:04 PM Merited by JayJuanGee (1) |
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Halving = the more 'formal' term Halvening = the memefied version
If I'm not mistaken the memefied version was an attempt to combine the grammatically correct term of "halving" with the word "happening" from then popular "it's happening" Ron Paul memes. I believe the same origins can be attributed to the word "flippening" (in reference to the possibility of ETH taking BTC's No. 1 spot). I also prefer the 2nd version. A little things like this one (or "hodl") gives BTC community some uniqueness.
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dzungmobile (OP)
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I typically refer to it as the halving, but I saw a post somewhere on here a while back where they were saying that in order to tribute Hal Finney in a similar fashion to satoshi nakamoto with satoshis, the halving event should be referred to as the halfining. Sure, it’s the halving of the block reward, but it’s also an owed to hal when called the halfining.
I only knew that community suggested a finney unit for Bitcoin. Bitcoin unitsProposalNever heard about halfining. It's reasonable to suggest finney as a Bitcoin unit but do you know Ethereum has finney unit too. Not sure why Ethereum community tried to connect Finney to ETH units. https://eth-converter.com/extended-converter.htmlWell ½ ing is pretty clear to me, But to each their own.
Problem with ½ ing is it is hard to type on phone.
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ZAINmalik75
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July 12, 2023, 07:20:07 PM |
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I never heard or read the word halvening before even my google built in grammar telling me to correct the word halvening by underlining it red. And suggesting me two words. One is halving and other is havening. And i think it would also be nice if we could use havening too as it means haven and that's what halving of BTC brings.
I do not think it is wise to select the right term on the basis of history of these dudes because they are not any english professor they are also ordinary people like us. So, why should we decide the right term on the basis of their usage. They might made a mistake while writing it as halvening.
Halving is the right term and mostly used by everyone actually it is 100% used. I have read it everywhere and never got a chance to read halvening so let's just say halvening is not a term even.
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JayJuanGee
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I never heard or read the word halvening before even my google built in grammar telling me to correct the word halvening by underlining it red. And suggesting me two words. One is halving and other is havening. And i think it would also be nice if we could use havening too as it means haven and that's what halving of BTC brings.
I do not think it is wise to select the right term on the basis of history of these dudes because they are not any english professor they are also ordinary people like us. So, why should we decide the right term on the basis of their usage. They might made a mistake while writing it as halvening.
Halving is the right term and mostly used by everyone actually it is 100% used. I have read it everywhere and never got a chance to read halvening so let's just say halvening is not a term even.
You can say whatever you like, and some people are going to continue to use the word halvening or halfining or whatever other variation that they would like... With a new and paradigm-shifting technology such as bitcoin, there are likely going to be a few new words that come out of the mix (including the fact that there are actual financial and informational battles going on), and/or even variations of old words might be used from time to time to express ideas, and sometimes there might not be a goal to actually want to use a "proper"... .. and maybe even moreso NOT to use any proper word if some people are telling you which word that you are supposed to use.. .. so go ahead, use whatever word that you like. By the way, three days ago I also made a response to OP's topic in this other thread.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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dzungmobile (OP)
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July 13, 2023, 10:16:52 AM Merited by JayJuanGee (1) |
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You can say whatever you like, and some people are going to continue to use the word halvening or halfining or whatever other variation that they would like...
With a new and paradigm-shifting technology such as bitcoin, there are likely going to be a few new words that come out of the mix (including the fact that there are actual financial and informational battles going on), and/or even variations of old words might be used from time to time to express ideas, and sometimes there might not be a goal to actually want to use a "proper"... .. and maybe even moreso NOT to use any proper word if some people are telling you which word that you are supposed to use.. .. so go ahead, use whatever word that you like.
There will be many variants from an original term and I think of two cases with different usability purposes for people who create or use a variant term. If a new variant term does not bring any harmful in finance, like halving and halvening, halfining, 1/2 ing, it is nothing to worry. In my imagination, nothing can harm financially by using those terms. A second case is more serious, as it can be used to scam intentionally such as Bitcoin units. Scammers can use a term bit to scam people and say like I sell you 1 bit at x price, the victim thinks he will get 1 bitcoin at x price. At the end, bit is not bitcoin and it is an unit of bitcoin and very smaller than 1 BTC. bit is micro-bitcoin (μBTC) which equals to 0.000001 BTC[1] https://en.bitcoin.it/wiki/Units#cite_note-3
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yazher
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July 13, 2023, 10:45:57 AM |
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As long as they arrived at the same meaning what difference does it make? For the longest time people have used the halving word and everyone understood it's meaning. Just like hodl and hold even though the former was as a result of a typo but it represent the message at that time and all crypto community get it.
What important is the way we communicate with each other and whatever terms it would be, that doesn't matter as long as we can express the things we want to say and also we don't need to worry about it since the community doesn't really care about it though. there is some thread that states all the terminologies used in the crypto industry and that would be more important than learning these old words that are not even worth using since no one really uses them nowadays unlike those new terms.
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JayJuanGee
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July 14, 2023, 01:37:59 AM |
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You can say whatever you like, and some people are going to continue to use the word halvening or halfining or whatever other variation that they would like...
With a new and paradigm-shifting technology such as bitcoin, there are likely going to be a few new words that come out of the mix (including the fact that there are actual financial and informational battles going on), and/or even variations of old words might be used from time to time to express ideas, and sometimes there might not be a goal to actually want to use a "proper"... .. and maybe even moreso NOT to use any proper word if some people are telling you which word that you are supposed to use.. .. so go ahead, use whatever word that you like.
There will be many variants from an original term and I think of two cases with different usability purposes for people who create or use a variant term. If a new variant term does not bring any harmful in finance, like halving and halvening, halfining, 1/2 ing, it is nothing to worry. In my imagination, nothing can harm financially by using those terms. A second case is more serious, as it can be used to scam intentionally such as Bitcoin units. Scammers can use a term bit to scam people and say like I sell you 1 bit at x price, the victim thinks he will get 1 bitcoin at x price. At the end, bit is not bitcoin and it is an unit of bitcoin and very smaller than 1 BTC. bit is micro-bitcoin (μBTC) which equals to 0.000001 BTC[1] https://en.bitcoin.it/wiki/Units#cite_note-3You might be correct that the topics might be considered to be related, but I have my doubt that mere disagreements regarding clarifying what unit that you are dealing with would rise to the level of deception, absent some other facts that help to establish that deception had been taking place. In some sense, I personally get confused by a variety of the intermediate kinds of descriptions that are used to describe units of a bitcoin, and accordingly, I personally tend to gravitate towards referring either to bitcoin or to satoshis.... and of course, it can become a bit confusing to figure out if someone might be using some other kind of unit, and surely people have troubles thinking in terms of factions of a bitcoin.. but they also might have to get used to talking about satoshis as well.. and a lot of the clarification or perhaps the becoming easy of thinking about bitcoin (and it's various possible units will continue to become more comfortable the more and more that we get used to transacting and/or communicating in bitcoin whether it is bitcoin, satoshis or some other way of speaking about bitcoin units.. I suppose I am taking a position that is more descriptive rather than prescriptive in regards to the topic, so in other words I don't give too many shits, don't necessarily want to assert (or impose) my own views, and I am more than willing to see if Schelling points might start to evolve around having certain preferences over certain kinds of unit descriptions as compared with others, and currently it seems that the so far most Schelling points are seeming to formulate around bitcoin and satoshis.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Kemarit
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July 14, 2023, 04:00:23 PM |
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Yeah, doesn't matter whether it's halving or halvening, sometimes I used both of this terms, interchangeably.
And I think members here are not confused, it's just a semantics and nothing more. And there are people here that English is not their first language, so they can used anything at long as they can convey the message and the other party understands it, then it's fine. We don't need to complicate things around here, IMHO.
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Mr.suevie
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July 14, 2023, 06:21:41 PM |
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I typically refer to it as the halving, but I saw a post somewhere on here a while back where they were saying that in order to tribute Hal Finney in a similar fashion to satoshi nakamoto with satoshis, the halving event should be referred to as the halfining. Sure, it’s the halving of the block reward, but it’s also an owed to hal when called the halfining.
I only knew that community suggested a finney unit for Bitcoin. Bitcoin unitsProposalNever heard about halfining. It's reasonable to suggest finney as a Bitcoin unit but do you know Ethereum has finney unit too. Not sure why Ethereum community tried to connect Finney to ETH units. https://eth-converter.com/extended-converter.htmlWell ½ ing is pretty clear to me, But to each their own.
Problem with ½ ing is it is hard to type on phone. Wow!! Thanks for the link provided, I think I have just added some new knowledge to my knowledge of BTC as a whole. I would admit I never knew bitcoin had so many terminologies following the various units. I am only familiar with mbtc(milibitcoin) and some few terms even the this term halfining is quite strange to me although I can relate to its meaning if its been used in conversation concerning BTC but the most common am term would be the halving which is used here by most users.
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MAAManda
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July 15, 2023, 05:23:59 AM |
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Yeah, doesn't matter whether it's halving or halvening, sometimes I used both of this terms, interchangeably.
And I think members here are not confused, it's just a semantics and nothing more. And there are people here that English is not their first language, so they can used anything at long as they can convey the message and the other party understands it, then it's fine. We don't need to complicate things around here, IMHO.
Halving, halvening, or even we could call it as "Halfining" in honor of Hal Finney. There's nothing wrong in saying that to communicate, while what we say can be received or understood by others, but many people use the word "Halving" compared to "Halvening". I think the right word to use is "Halving", because more people know this than Halvening, and in my opinion, if we do writing, it's better to use the word Halving, apart from being known or used by more people, the word halving is also more short to type, or when talking it's also shorter to say.
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ImThour
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Bitcoin Bottom was at $15.4k
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July 15, 2023, 07:50:40 AM |
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I have created various Bitcoin Chart threads and have always preffered to use the word "Halving". It makes more sense as it suggests that the supply is going to be 50% less, not half. Makes sense?
50% is mathematically more correct relating to the Bitcoin Halving process rather than supply getting half. Other than that, It is personal preference and I am sure everyone in the community understands the context no matter which word you choose to use.
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Doan9269
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July 15, 2023, 11:12:15 AM |
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I think halving is fit better than halvening because the Bitcoin block reward is divided every 4 years and the another divided part is disappeared. If the divided part isn't disappeared, then we can call it halve IMO. But I'd like to see a better term than halving because halving is too general. It's like holding, but in cryptocurrency we're use hodling term. Well in the common context of how this is being used on the forum, we often use "halving" and this represent the half reward of the block reward being calculated from the previous one, i bitcoin network we can always make use of halving while the other half is the commonly used term for dividing something into two out of the bitcoin context, so the use of Halving might just be the unique way of referring to bitcoin half of block reward every four years, you're also correct about that mate.
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darkv0rt3x
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July 15, 2023, 11:31:40 AM |
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My personal preference is also "halving". I don't know why but it sounds better to me. Although I understand there may be some nuances between the two forms but yeah, "halving" sounds better to me!
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aoluain
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July 15, 2023, 01:10:18 PM |
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Yeah, doesn't matter whether it's halving or halvening, sometimes I used both of this terms, interchangeably.
And I think members here are not confused, it's just a semantics and nothing more. And there are people here that English is not their first language, so they can used anything at long as they can convey the message and the other party understands it, then it's fine. We don't need to complicate things around here, IMHO.
Halving, halvening, or even we could call it as "Halfining" in honor of Hal Finney. There's nothing wrong in saying that to communicate, while what we say can be received or understood by others, but many people use the word "Halving" compared to "Halvening". I think the right word to use is "Halving", because more people know this than Halvening, and in my opinion, if we do writing, it's better to use the word Halving, apart from being known or used by more people, the word halving is also more short to type, or when talking it's also shorter to say. I would use "Halfining" quicker than "Halfening" purely as a reference to Hal. in my brain and how I learned it, Halving is the grammatically correct word to use. People have been using Halvening I suspect as a king of meme similar to HODL, but it wouldnt be correct, HODL is an acronym Halvening is just incorrect. Halve is a verb that describes splitting something into two equal parts.
Half is the noun to define half of what has been divided or 50% of something.
Halving - reduction by half Search for Halvening on Google and there is no official meaning for that, its only related to Bitcoin - its a made up word.
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Youngkhngdiddy
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July 15, 2023, 02:17:06 PM |
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OP there's no calls for confusion, because both terms are correct, it doesn't matter the time or years it's been used by bitcoin enthusiasts, because according to the Oxford dictionary halving means reduction by half and halvening also means to divide something into two or equal parts, they both involves splitting an item equally and non should be considered wrong. Both terms are used in bitcoin community to describe the event that occurs when the reward for mining Bitcoin transactions is cut in half, and it's the users choice to determine which word is suitable or preferred to be used by them in describing or explaining the bitcoin halving or halvening, majority of people in the bitcoin community prefer to use the world halving and consider it the best word to use in describing the particular terminology related to it but none should be considered best to the other because they both share same meaning and equally used to describe on particular terminology in bitcoin, each are being used based on the users choice.
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