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3.7 KiB
3.7 KiB
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| custom | Technical Specs |
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<h3>No premine, no instamine, no token</h3>
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* Monero had no premine or instamine
* Monero did not sell any token
* Monero had no presale of any kind
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<h3>Proof of Work</h3>
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* CryptoNight
* may change in the future
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<h3>Difficulty retarget</h3>
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* every block
* based on the last 720 blocks, excluding 20% of the timestamp outliers
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<h3>Block time</h3>
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* 2 minutes
* may change in the future as long as emission curve is preserved
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<h3>Block reward</h3>
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* smoothly decreasing and subject to penalties for blocks greater then median size of the last 100 blocks (M100)
* see the [latest block](https://moneroblocks.info/) coinbase transaction amount for current reward
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<h3>Block size</h3>
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* dynamic, maximum of 2 * M100
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<h3>Emission curve</h3>
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* 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/)
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<h3>Max supply</h3>
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* infinite
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<h3>Sender privacy</h3>
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* Ring signatures
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<h3>Recipient privacy</h3>
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* Stealth addresses
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<h3>Amount obfuscation</h3>
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* Ring confidential transactions
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