monero-site/resources/moneropedia/tail-emission.md
Leon Klingele 08f7413df6
Fix other stuff I didn't like / was incorrect
Sorry for throwing everything into one commit, splitting my changes
to individual will probably take ages.
2017-11-08 00:51:20 +01:00

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Markdown

---
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.