专家探讨比特币减半的潜在影响

在比特币最近的减半事件之后，著名的加密货币领导人就其潜在影响分享了不同的观点。 Avalanche 创始人 Emin Gün Sirer 对减半对比特币安全预算的负面影响表示担忧，但承认其对投机和加密货币兴趣的积极影响。 Tether 首席执行官 Paolo Ardoino 认为，减半可能不会对比特币价格产生立竿见影的影响，但预计比特币 ETF 的推出将推动比特币大幅增长。开放网络 (TON) 基金会的 Justin Hyun 强调，减半是代码在加密领域充当法律的示范，展示了其治理的预定和自动化性质。

Bitcoin Halving: Industry Experts Weigh in on Potential Impacts

比特币减半：行业专家探讨潜在影响

On April 20th, 2023, the Bitcoin network underwent its fourth halving event, a predetermined reduction in block rewards that occurs approximately every four years. This event has captured the attention of the cryptocurrency community, with industry leaders expressing diverse perspectives on its potential implications.

2023 年 4 月 20 日，比特币网络经历了第四次减半事件，即大约每四年发生一次的区块奖励预定减少。这一事件引起了加密货币社区的关注，行业领袖对其潜在影响表达了不同的观点。

Technological Considerations and Security Implications

技术考虑因素和安全影响

Emin Gün Sirer, founder of the Avalanche blockchain, views the halving from a technological standpoint, expressing concerns that the sudden halving of block rewards may have adverse effects on network security.

Avalanche 区块链创始人 Emin Gün Sirer 从技术角度看待减半，他担心区块奖励突然减半可能会对网络安全产生不利影响。

"As a technologist, I find the Bitcoin halving to be less than ideal," stated Gün Sirer. "It creates a discrete event where rewards to miners are instantaneously halved, reducing the security budget of the Bitcoin system."

“作为一名技术专家，我发现比特币减半并不理想，”Gün Sirer 表示。 “它创造了一个离散事件，矿工的奖励立即减半，从而减少了比特币系统的安全预算。”

Gün Sirer believes that this reduction could potentially weaken the network's security, arguing that a more gradual decline in rewards would be preferable. He suggests that the original Bitcoin creator, Satoshi Nakamoto, might have opted for a different halving mechanism if they were still actively involved.

Gün Sirer 认为，这种减少可能会削弱网络的安全性，并认为奖励的逐渐减少会更好。他表示，如果比特币最初的创造者中本聪仍然积极参与的话，他们可能会选择不同的减半机制。

Speculation, Growth, and Market Dynamics

投机、增长和市场动态

Despite his concerns about the technological implications, Gün Sirer acknowledges that the halving has historically had a positive impact on the cryptocurrency market.

尽管 Gün Sirer 担心技术影响，但他承认减半历史上对加密货币市场产生了积极影响。

"The halving generates speculation and attracts buyers, which has benefited the broader crypto space," he explained. "I anticipate the industry growing by a factor of ten or more in the coming years, with Bitcoin continuing to play a significant role."

他解释说：“减半引发了投机并吸引了买家，这有利于更广泛的加密货币领域。” “我预计该行业在未来几年将增长十倍或更多，而比特币将继续发挥重要作用。”

Impact on Price and Institutional Involvement

对价格和机构参与的影响

Paolo Ardoino, CEO of Tether, expresses a more cautious view regarding the halving's immediate impact on Bitcoin's price.

Tether 首席执行官 Paolo Ardoino 对于减半对比特币价格的直接影响表达了更为谨慎的看法。

"While the halving is a notable event, I do not believe it will have an immediate effect on Bitcoin's price," noted Ardoino. "However, I am optimistic about the potential impact of spot Bitcoin exchange-traded funds (ETFs)."

Ardoino 指出：“虽然减半是一个值得注意的事件，但我不认为它会对比特币的价格产生立竿见影的影响。” “不过，我对现货比特币交易所交易基金（ETF）的潜在影响持乐观态度。”

Ardoino believes that the entry of institutional investors through Bitcoin ETFs could have a significant effect on the market. "Pension funds and large hedge funds have yet to fully participate in the Bitcoin ETF space," he said. "Once they do, we can expect substantial market movements."

Ardoino 认为，机构投资者通过比特币 ETF 进入可能会对市场产生重大影响。 “养老基金和大型对冲基金尚未完全参与比特币 ETF 领域，”他表示。 “一旦他们这样做，我们就可以预期市场将出现大幅波动。”

Code as Law in Cryptocurrency

加密货币中的代码即法律

Justin Hyun, Director of Investments at The Open Network (TON) Foundation, highlights the halving as a demonstration of how code serves as the foundation law within the cryptocurrency realm.

开放网络 (TON) 基金会投资总监 Justin Hyun 强调，减半是代码如何充当加密货币领域基础法的示范。

"The Bitcoin halving exemplifies how the underlying code is the prevailing authority in crypto," explained Hyun. "This pre-determined event occurs without any manual intervention, validating the principle of code as law."

“比特币减半说明了底层代码是加密货币领域的主流权威，”Hyun 解释道。 “这种预定事件的发生无需任何人工干预，验证了代码即法律的原则。”

Hyun believes that this transparency and predictability can foster curiosity and understanding among non-crypto enthusiasts, potentially attracting new users and igniting interest in the broader cryptocurrency ecosystem.

Hyun 认为，这种透明度和可预测性可以培养非加密货币爱好者的好奇心和理解，有可能吸引新用户并激发对更广泛的加密货币生态系统的兴趣。

Conclusion

结论

The Bitcoin halving has sparked diverse perspectives within the cryptocurrency community, with experts expressing concerns about technological implications, speculating on market behavior, and emphasizing the significance of code as law. As the industry continues to evolve, the halving serves as a reminder of the unique characteristics and challenges that define the cryptocurrency landscape.

比特币减半在加密货币社区内引发了不同的观点，专家们表达了对技术影响的担忧，对市场行为的猜测，并强调了代码作为法律的重要性。随着行业的不断发展，减半提醒人们注意定义加密货币格局的独特特征和挑战。