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The decay of radioactive elements occurs at a fixed rate. The half-life of a radioisotope is the time required for one half of the amount of unstable material to degrade into a more stable material. For example, a source will have an intensity of 100% when new. At one half-life, its intensity will be cut to 50% of the original intensity.
Atomic Decay. When an atom of a radioisotope decays, it gives off some of its excess energy as radiation in the form of gamma rays or fast-moving sub-atomic particles. If it decays with emission of an alpha or beta particle, it becomes a new element. One can describe the emissions as gamma, beta and alpha radiation.