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Merge pull request #1965

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Add "Why does monero not have a max supply" to FAQ
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luigi1111 2022-10-20 16:34:15 -04:00 committed by GitHub
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4
_i18n/en.yml
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@ -531,7 +531,9 @@ faq:
Monero fixes this problem by being ASIC-resistant: it uses an algorithm (@randomx) that strongly reduces the efficiency of ASICs, making them not profitable to build. Miners can use common consumer hardware, which allows them to compete fairly. The Monero network is currently protected by thousands of miners using 'regular' computers. This results in a network much harder to attack, no miner having significant advantage over other miners (they all use more or less the same hardware).
qmaxsupply: What is Monero's maximum supply?
amaxsupply: Monero has a fixed emission rate, not a set maximum supply. Around May 2022, Monero's emission will drop to and permanently remain at 0.3 XMR per minute (0.6 XMR per @block). This is approximately 1% inflation for the first year and will approach 0% inflation in future years. This @tail-emission allows for permanent incentives to secure Monero, even in the far future, while keeping inflation at a very low percent.
qtailemission: Why does Monero not have a maximum supply?
atailemission: Miners process transactions on the Monero network by @mining blocks. The miner of a @block is paid the constant block reward of .6 XMR, and the @transaction fees of the users who have transactions in that block. Monero has the block reward rather than relying solely on the transaction fees to give the miners incentive to keep securing the network with their hashrate, and keep transaction fees low.
atailemission1: The @tail-emission caused by this constant block reward creates an inflation rate of less than 1% which trends towards 0% over time. The fixed emission of the currency ensures human corruption cannot over inflate the supply. Keeping the network predictable, decentralized, and secure.
mining:
intro1: Monero is a cryptocurrency that relies on proof-of-work mining to achieve distributed consensus. Below you'll find some information and resources on how to begin mining.
intro2: The Monero Project does not endorse any particular pool, software, or hardware, and the content below is provided for informational purposes only.

8
get-started/faq/index.md
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@ -44,6 +44,7 @@ permalink: /get-started/faq/index.html
<li><a href="#anchor-mixing">{% t faq.q15 %}</a></li>
<li><a href="#import-blockchain">{% t faq.qimporting %}</a></li>
<li><a href="#max-supply">{% t faq.qmaxsupply %}</a></li>
<li><a href="#tail-emission">{% t faq.qtailemission %}</a></li>
</ul>
<li class="category">{% t faq.nodeandwallet %}</li>
<ul class="logo">
@ -253,6 +254,13 @@ permalink: /get-started/faq/index.html
<p>{% t faq.amaxsupply %}</p>
</div>
</div>
<div class="tab" id="tail-emission">
<h3><a class="anchor" href="#tail-emission"></a>{% t faq.qtailemission %}</h3>
<div class="tab-answer">
<p>{% t faq.atailemission %}</p>
<p>{% t faq.atailemission1 %}</p>
</div>
</div>
<div class="row center-xs">
<!-- 'Node and Wallet' section-->
<div class="col"><h2>{% t faq.nodeandwallet %}</h2></div>