The Settlement Layer Schism: BIS's Tokenized Deposit Counter-Protocol
Jackson Hole, August 2025. The Bank for International Settlements' General...
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Greed
Market Sentiment
Improves data availability sampling efficiency
Raises validator limit and account abstraction
92 million ARB released
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Team and early investor shares released
Block reward halving event
Bitcoin Season
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Jackson Hole, August 2025. The Bank for International Settlements' General...
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