Back to collectionA Halving Anniversary With Questions Still Open
On this date a year earlier, Xai's first emissions halving had been triggered by a supply threshold. On the first anniversary of that halving, the price reached $0.075. The anniversary did not solve key holders' problems with income or price, but it gave the Night Watchman a more honest way to speak: the earlier halving had happened, while the future dates remained estimates.
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On this date a year earlier, Xai's first emissions halving had been triggered by a supply threshold. Now a new emissions table had stirred debate. As a node operator, the Night Watchman knew better than most in the chat that marking a mechanism's operation and approving of the present situation were two different things.
On the first anniversary of that halving, the price reached $0.075. The Night Watchman marked the day alone and did not present the date as good news for the market. He recalled how anxiously he had watched his output change then, looked at the recent arguments over new issuance and the next halving, and decided that the next time someone asked, he would explain the mechanism before sharing his feelings.
The anniversary did not solve key holders' problems with income or price, but it gave the Night Watchman a more honest way to speak: the earlier halving had happened, while the future dates remained estimates. He planned to keep following announcements and to hear how other operators read the new table. The disagreement in the chat remained.