<div class="about-monero"> <section class="container"> <div class="row"> <!-- left two-thirds block--> <div class="full col-xs-12"> <div class="info-block text-adapt"> <div class="row"> <div class="col"> <h3>No premine, no instamine, no token</h3> </div> </div> <div markdown="1"> * Monero had no premine or instamine * Monero did not sell any token * Monero had no presale of any kind </div> <div class="row"> <div class="col"> <h3>Proof of Work</h3> </div> </div> <div markdown="1"> * CryptoNight * may change in the future </div> <div class="row"> <div class="col"> <h3>Difficulty retarget</h3> </div> </div> <div markdown="1"> * every block * based on the last 720 blocks, excluding 20% of the timestamp outliers </div> <div class="row"> <div class="col"> <h3>Block time</h3> </div> </div> <div markdown="1"> * 2 minutes * may change in the future as long as emission curve is preserved </div> <div class="row"> <div class="col"> <h3>Block reward</h3> </div> </div> <div markdown="1"> * smoothly decreasing and subject to penalties for blocks greater than median size of the last 100 blocks (M100) * see the [latest block](https://moneroblocks.info/) coinbase transaction amount for current reward </div> <div class="row"> <div class="col"> <h3>Block size</h3> </div> </div> <div markdown="1"> * dynamic, maximum of 2 * M100 </div> <div class="row"> <div class="col"> <h3>Emission curve</h3> </div> </div> <div markdown="1"> * 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/) </div> <div class="row"> <div class="col"> <h3>Max supply</h3> </div> </div> <div markdown="1"> * infinite </div> <div class="row"> <div class="col"> <h3>Sender privacy</h3> </div> </div> <div markdown="1"> * Ring signatures </div> <div class="row"> <div class="col"> <h3>Recipient privacy</h3> </div> </div> <div markdown="1"> * Stealth addresses </div> <div class="row"> <div class="col"> <h3>Amount obfuscation</h3> </div> </div> <div markdown="1"> * Ring confidential transactions </div> </div> </div> <!-- end right one-third block--> </div> </section> </div>