Kaspa has no halvings Most proof-of-work chains cut the block reward in half overnight, which hands miners a sudden revenue cliff and the market a scheduled shock. Kaspa reduces emissions on a smooth monthly curve instead. Roughly 96% of the 28.7 billion $KAS supply is already

What happened

Kaspa does not use the typical halving events seen on most proof‑of‑work blockchains; instead it lowers the block reward gradually each month, and about 96% of its 28.7 billion KAS supply has already been issued.

Confirmed

Global impact / market context

Because miners receive a steady, predictable decline in revenue rather than a sudden drop, mining profitability stays more stable, which can keep the network secure and reduce sharp price swings that often follow halving events.

Analyst inference

Most proof‑of‑work cryptocurrencies, like Bitcoin, halve their block rewards roughly every four years, creating scheduled revenue cuts that can trigger market uncertainty. Kaspa’s smooth monthly emission curve offers a contrast, suggesting a different risk profile for investors.

Analyst inference

What to watch

1. Monitor Kaspa’s monthly reward adjustment schedule to see if the gradual reduction remains on target, affecting miner margins and network hash rate. Analyst inference
2. Watch for any changes in miner participation or hash power, which could signal how the smooth emission model influences network security compared to halving‑based chains. Analyst inference
3. Track KAS price volatility around the monthly emission updates, as investors may react to the predictable supply curve differently than they do to sudden halving events. Analyst inference

Evidence

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