2nd Maro Halving Completed

The Maro 2021 halving successfully occurred on April 23rd, 2021, 3:08 AM (Singapore time) at block number 21,024,000.

What is Maro Halving?

“Halving” is an event where the block rewards for mining new blocks are “halved”, meaning miners receive 50% fewer rewards for verifying transactions. The Halving mechanism, in correlation with the limited supply of MARO, is designed to decrease the inflation rate and increase the value of MARO.

As the Maro 2021 Halving is completed, the rewards for each block production has been adjusted to 2.9727928805 from 5.945585761. The annual inflation rate of MARO has also been adjusted to 3.125% from 6.25%.

The next halving will occur at block number 31,536,000, which is projected to be in 2022. The latest Maro announcements are available from our Twitter or Telegram Group.

TTC Foundation

About Maro

Maro is a global ecosystem for people to connect, cooperate, and prosper. As an open blockchain infrastructure, users can directly connect to the global economy with Maro. Maro’s unique Multi-tier DPoS Consensus and Multi-Network mechanism offers a scalable blockchain with high-throughput and a sustainable token economy. Maro is a place for a true global citizen, come join our worldwide community. For details, visit our website. To receive the latest news on Maro, join our Telegram and follow us on Twitter.

--

--

--

Connect and cooperate to create value and opportunities to build a prosperous world

Recommended from Medium

Why I’m Excited About Acala

Remix-IDE 0.10.0 Release

Published NFT™ — What Is An NFT eBook?

Splyt Core AMA

So you want to build a decentralized application…

Public vs. Permissioned Blockchains

The Swappery — The first cross-chain DEX on the Casper Network

The economics of Blockchain do not work.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
maro

maro

Connect and cooperate to create value and opportunities to build a prosperous world

More from Medium

The Renascence won’t stop at content innovation

HARDcoin AMA session with the CEO of DAO.vc on BabySwap

Examining the Benefits of OpenOcean’s integration with Web3 Portal Mask Network

$WELSH is now on Arkadiko Swap!