2017-07-23 10:20:01 +00:00
|
|
|
---
|
|
|
|
|
layout: moneropedia
|
|
|
|
|
entry: "Tail Emission"
|
|
|
|
|
terms: ["Tail-Emission"]
|
|
|
|
|
summary: "the block reward at the end of the emission curve"
|
|
|
|
|
---
|
|
|
|
|
|
|
|
|
|
### The Basics
|
|
|
|
|
|
|
|
|
|
Monero block rewards will never drop to zero. Block rewards will gradually drop
|
|
|
|
|
until tail emission commences at the end of May 2022. At this point, rewards
|
2017-07-24 19:13:20 +00:00
|
|
|
will be fixed at 0.6 XMR per block.
|
2017-07-23 10:20:01 +00:00
|
|
|
|
|
|
|
|
### Why
|
|
|
|
|
|
|
|
|
|
Miners need an incentive to mine. Because of the dynamic blocksize, competition
|
|
|
|
|
between miners will cause fees to decrease. If mining is not profitable due to
|
|
|
|
|
a high cost and low reward, miners lose their incentive and will stop mining,
|
|
|
|
|
reducing the security of the network.
|
|
|
|
|
|
|
|
|
|
Tail emission ensures that a dynamic block size and fee market can develop.
|
