Karlsen to Reduce Reward for Blocks on May 3rd

Name: Reward Reduction Event
Start: 2024-05-03T00:00:00Z
End: 2024-05-04T00:00:00Z

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Karlsen is set to undergo its first reward reduction event for blocks on May 3rd. This event is distinct from the traditional halving process observed in Bitcoin.

While Bitcoin’s halving reduces the reward by 50%, Karlsen uses an emission curve for its reward reduction. This means that the reduction in rewards will not be as drastic as a 50% cut, providing a different approach to maintaining the value and stability of the cryptocurrency.

Event date: May 3, 2024 UTC

Karlsen Network
@karlsennetwork

🔔 Update from #Karlsen Network: On 03.05.24, we will experience our first reward reduction event for the Blocks, which is different from the traditional halving seen in #Bitcoin .

🔍 Unlike Bitcoin’s #Halving where the reward is cut by 50%, Karlsen employs an emission curve…

The event is about to begin

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Karlsen to Reduce Reward for Blocks on May 3rd

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