Merge pull request #1818

faq: add entry 'What is Monero's maximum supply?'
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luigi1111 2021-09-28 20:25:44 -05:00 committed by GitHub
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@ -527,6 +527,8 @@ faq:
aasicresistance1: The problem is that these devices are very expensive and can be afforded by few. This leads to few entities owning a big amount of the hashrate of the network, which is a serious threat to the security of the network itself. For example, if big ASIC operators collude and manage to gain the majority of the hashrate of the network, they could arbitrarily reject transactions. aasicresistance1: The problem is that these devices are very expensive and can be afforded by few. This leads to few entities owning a big amount of the hashrate of the network, which is a serious threat to the security of the network itself. For example, if big ASIC operators collude and manage to gain the majority of the hashrate of the network, they could arbitrarily reject transactions.
aasicresistance2: > aasicresistance2: >
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). 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.
mining: 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. 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.

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@ -43,6 +43,7 @@ permalink: /get-started/faq/index.html
<li><a href="#anchor-block-limit">{% t faq.q8 %}</a></li> <li><a href="#anchor-block-limit">{% t faq.q8 %}</a></li>
<li><a href="#anchor-mixing">{% t faq.q15 %}</a></li> <li><a href="#anchor-mixing">{% t faq.q15 %}</a></li>
<li><a href="#import-blockchain">{% t faq.qimporting %}</a></li> <li><a href="#import-blockchain">{% t faq.qimporting %}</a></li>
<li><a href="#max-supply">{% t faq.qmaxsupply %}</a></li>
</ul> </ul>
<li class="category">{% t faq.nodeandwallet %}</li> <li class="category">{% t faq.nodeandwallet %}</li>
<ul class="logo"> <ul class="logo">
@ -246,6 +247,12 @@ permalink: /get-started/faq/index.html
<p>{% t faq.additional %} <a href="{{ site.baseurl }}/downloads/#blockchain">{% t downloads.blockchain %}</a></p> <p>{% t faq.additional %} <a href="{{ site.baseurl }}/downloads/#blockchain">{% t downloads.blockchain %}</a></p>
</div> </div>
</div> </div>
<div class="tab" id="max-supply">
<h3><a class="anchor" href="#max-supply"></a>{% t faq.qmaxsupply %}</h3>
<div class="tab-answer">
<p>{% t faq.amaxsupply %}</p>
</div>
</div>
<div class="row center-xs"> <div class="row center-xs">
<!-- 'Node and Wallet' section--> <!-- 'Node and Wallet' section-->
<div class="col"><h2>{% t faq.nodeandwallet %}</h2></div> <div class="col"><h2>{% t faq.nodeandwallet %}</h2></div>