Monero update will bring network security to a new level, here’s how
long awaited tail release monero network Launching today and changing the original stop output to linear output. The change will increase the security and stability of the network and each block will consistently generate 0.6 XMR.
Tail Emissions will provide 0.6 XMR to miners on each block generated on the network, unlike other blockchains such as bitcoin, allowing the block subsidy to drop to 0. The change means there will be no arbitrary hard cap for the supply.
The update would essentially make XMR deflationary by making the total supply of the coin completely predictable and known to anyone. Supply limits expose the network to less inflation, but this does not mean that it will be free from devaluation.
The main reason for making the tail emission network more secure is the network’s independence from user transaction fees. With the block subsidy going to 0, at a certain point, bitcoin will become completely dependent on users’ transactions.
Since Monero guarantees a relatively small reward for each block, this ensures the security of the network in the future, as miners will not have to worry about transaction fees that can fluctuate over time.
Last but not least is always the guarantee of new Monero entering the economy, which is almost a liability for the stability of any network as there will always be a certain portion of “lost coins” sitting in the wallets of users who died or Lost their access or wallet password.
At press time, after a correction in the crypto market, XMR is trading at $180 and has lost around 2% of its value.