ECIP-1111: Monetary Policy and Emission Schedule Change

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:Ethereum_Classic_Improvement_Proposal
gptkbp:block 5,000,000
gptkbp:blockRewardReduction 20% every 5,000,000 blocks
gptkbp:category Monetary Policy
Emission Schedule
gptkbp:describes Defines a new monetary policy and emission schedule for Ethereum Classic.
gptkbp:documentType https://ecips.ethereumclassic.org/ECIPs/ecip-1111
https://www.w3.org/2000/01/rdf-schema#label ECIP-1111: Monetary Policy and Emission Schedule Change
gptkbp:implementedIn gptkb:Ethereum_Classic_mainnet
gptkbp:initialBlockReward 5 ETC
gptkbp:maxSupply ~210,700,000 ETC
gptkbp:motive To provide a predictable and capped emission schedule for ETC.
gptkbp:proposedBy gptkb:Ethereum_Classic
1111
ECIP authors
gptkbp:relatedTo Ethereum Classic block rewards
Ethereum Classic monetary policy
gptkbp:specifies Implementation of a fixed supply cap
Reduction of block rewards over time
gptkbp:status Final
gptkbp:yearProposed 2017-12-10
gptkbp:bfsParent gptkb:ECIP-1111
gptkbp:bfsLayer 7