THE SPLIT

THE SPLIT

€1,600.00

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The Split
Made in 2017

Tally sticks are the oldest form of controlling the stability of exchange. In a fully decentralized monetary system, there is no central authority that regulates the monetary base. Instead, currency is created by the nodes of a peer-to-peer network. The Bitcoin generation algorithm defines, in advance, how currency will be created and at what rate. Any currency that is generated by a malicious user that does not follow the rules will be rejected by the network and thus is worthless updating the oldest measure to tangible measure. The split of bitcoin mining rewards from 25 to 12.5 BTC illustrated by tally sticks is to signify one of the biggest engines of it: FOMO.

Bitcoin.com was one of the first publications to feature VESA’s work July 28th, 2017

Trace Mayer was the first famous crypto persona to tweet the work out in support in 2017.