Tulum, Mexico, November 17th, 2023, Chainwire
CKB, the blockchain of the Nervos Network, is set to mark a significant milestone with its first halving on November 19th. This event will cut CKB’s hard-capped base issuance rate in half, bringing real inflation down from 7.92% to 3.77%, among the lowest across major Layer 1 blockchains.
In nominal terms, the base issuance will drop from 4.2 billion to 2.1 billion CKB per year, whereas the secondary issuance, which is uncapped and follows a fixed emissions schedule, will remain unchanged, 1.344 billion CKB annually.
The uncapped secondary issuance prevents excessive state growth and ensures a predictable, long-term source of income for CKB miners that is independent of transaction volume. Notably, the inflation from the secondary emissions is narrowly targeted and affects only state occupiers, meaning CKB acts as a disinflationary token for its long-term holders.
The Common Knowledge Base
The network’s powerful Layer 1, known as the
We współpracy z: https://cryptodaily.co.uk/2023/11/nervos-community-gears-up-for-first-ckb-halving
