Celebrating Six Years of Post-Quantum Security: The Journey of QRL

Read More

QRL Improvement Proposal (QIP-010)

Change Quanta emission to 2

Overview & status

AuthorOttslayer (@Ottslayer)
Statusdraft abandoned
Created2019-11-09
Discussions tohttps://github.com/theQRL/qips/pull/21

Abstract

Emission is currently close to 6 Quanta per minute and will be exponentially reduced to 0 in aproximately 200 years. Reducing the emission to 2 Quanta per minute will reduce the availability of Quanta.

Motivation

Lower emission rate will most likely increase demand of Quanta, the price, and people who are willing to point their mining rigs to qrl which will enlarge the network.

Specification

To be determined by team if accepted.

Backward compatibility

Changing the emission is a hard fork upgrade?

Implementation

To be determined by team if accepted.