Dash’s Yearly Emission Reduction of 7.14%

Block 1261441 was mined at 4:31:33 pm UTC. Dash just reduced its emission of new coins by ~7.14% (1/14).

There is always plenty of conversation about Bitcoin’s halving, and it seems the closer the event, the more people discuss it. Every four years the number of new coins created in each block is reduced by 50%. This will happen for the third time around May 11, 2020. This is always a long-awaited event because it reduces inflation and stresses the scarcity of the asset. People speculate endlessly on its effect on price. Thus all the interest in this sort of event.

Dash is a fork of Bitcoin and operates under the same set of limited and predictable emission principles, but with a different implementation that smooths the emission curve. Instead of doing a very drastic adjustment every four years, Dash has does a smaller one roughly every year. Today’s reduction was the sixth since Dash was launched.

A softer emission curve facilitates planning for those who get paid from the blockchain. Since the Dash blockchain pays not only to miners but also to masternodes and approved proposal owners, this feature is key for the long term health of our ecosystem.

I won’t get into how this affects the price of Dash, there are many other factors to consider. However, I will say that getting one Dash is now more difficult than it was yesterday, so appreciate the ones you have!

You can find more details on Dash’s emission rate on our wiki.

Author: Fernando Gutierrez
Original link: https://blog.dash.org/dashs-yearly-emission-reduction-of-7-14-e76414b65e72