• Blockchain Height: 285690
  • Coins in Circulation: 28,111,200 Beams
  • Total Supply: 262,800,000 Beams
  • Next Halving: Jan 04, 2020
  • Hard Fork: Aug 15, 2019
  • Blockchain Height: 285690
  • 28,111,200 Beams
  • Total Supply: 262,800,000 Beams
  • Next Halving: Jan 04, 2020
  • Hard Fork: Aug 15, 2019
The first Hard Fork is scheduled for Aug 15 (block #321321). To continue using Beam, all users must update all software to version 3.0 or higher before Aug 15.

Emission

The act of issuing new coins, minting. In Beam, coins are emitted smoothly, as the reward changes with each new block. This allows a predictable steady growth of money supply determined by the block reward.

When a block is discovered, the discoverer may award themselves a certain number of coins, which is agreed-upon by everyone in the network. This is in order to incentivize mining activity, and for the miners to have a stake in the system to remain honest.

Beam has set in its protocol a periodic halving of reward, with a total amount of approximately 250 million coins. As the number of new coins that are allowed to create in each block dwindles, mining fees will make up a much more important percentage of a miner’s income.

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