Miners extracted 90 percent of all coins Monero. What's next?
Source:
Despite a bear market for most of the year, an anonymous coin and holds its position due to strong demand among long-term investors. According MoneroBlocks.info miners already got 16,65 миллионf coins, while withpaper project total supply will be limited 18.4 million XMR. The full issue is expected to be completed in may 2022.
This will start the next stage of the proposal. When it on the market will throw 0,3 XMR per minute, and limitations on the scope of the proposal will be missing. In wallpapere this line is called «tail issue». According to the information from the document until it is started its stage, the reward for each mined block, Monero will be reduced. At the moment the rate is 3,44 XMR. In 2022, the reward is supposed to decline to 0.6 XMR for each mined block, but lower down will not.
theImportant milestone for Monero?
Supporters of Monero firmly believe that the tail emission of the blockchain makes them attractive for the mining community as it stimulates further profit even after the achievement of absolute emissions. In addition, it is believed that continuous stimulation will make the blockchain, Monero safer in the long run.
NewsBTC writes, all these thoughts came to mind of developers on the background of limitations in Bitcoin, the emission of which also stop at 21 million BTC. At the moment, one of the major problems leading decentralized blockchain coins in a high enough reward miners for the block and the maintenance of security and network performance.
However, the reward of Bitcoin is also programmed to decrease, and in the near future. By 2040 will be produced 99.8 percent of the total supply of BTC, and the remaining 0.2 percent will take another hundred years. Thus, Bitcoin will have to rely on transaction fees in the block chain to maintain its own security. More data in search for , and recommend on mine .
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