monero-project/monero-site
monero-project/monero-site
1
0
Fork 0
mirror of https://github.com/monero-project/monero-site.git synced 2025-01-11 21:34:32 +00:00
Code Issues Projects Releases Packages Wiki Activity Actions

Create tail emission Moneropedia entry

Browse source 
Fix #106
This commit is contained in:
Matt Smith 2017-07-23 11:20:01 +01:00
parent 6eef5a1eee
commit 79a6d7e0de
No known key found for this signature in database
GPG key ID: 37901432E918B710
1 changed files with 21 additions and 0 deletions
Show stats Download patch file Download diff file Expand all files Collapse all files

21
resources/moneropedia/tail-emission.md Normal file
View file

@ -0,0 +1,21 @@
---
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
will be fixed at 0.6 XMR per @block.
### 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.