Let us take a look at how the $ETC block reward has changed across its various eras. The network started by distributing 5 ETC during Era 1. This amount was then lowered to 4 in Era 2, followed by 3.2 in Era 3. The decreases continued with 2.56 in Era 4 and 2.048 in Era 5. Today, we are currently in Era 6, which features a reward of 1.6384.

This means the network has successfully completed five supply cuts perfectly on schedule. Furthermore, these changes are enforced strictly by network nodes rather than by any acting committees. Ultimately, these characteristics prove the core conclusion that ETC is Money.