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+
No premine, no instamine, no token
+
+
+
+
+* Monero had no premine or instamine
+* Monero did not sell any token
+* Monero had no presale of any kind
+
+
+
+
+
+* CryptoNight
+* may change in the future
+
+
+
+
+
Difficulty retarget
+
+
+
+
+* every block
+* based on the last 720 blocks, excluding 20% of the timestamp outliers
+
+
+
+
+
+* 2 minutes
+* may change in the future as long as emission curve is preserved
+
+
+
+
+
+* smoothly decreasing and subject to penalties for blocks greater then median size of the last 100 blocks (M100)
+* see the [latest block](https://moneroblocks.info/) coinbase transaction amount for current reward
+
+
+
+
+
+* dynamic, maximum of 2 * M100
+
+
+
+
+
+* first, main curve: ~18.132 million coins by the end of May 2022
+* then, tail curve: 0.6 XMR per 2-minute block, kicks in once main emission is done, translates to <1% inflation decreasing over time
+* see [charts and details](https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/)
+
+
+
+
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+* infinite
+
+
+
+
+
+* Ring signatures
+
+
+
+
+
Recipient privacy
+
+
+
+
+* Stealth addresses
+
+
+
+
+
Amount obfuscation
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+
+
+
+* Ring confidential transactions
+
+
+