Cryptocurrency Q&A
How many Litecoin is there?
How many Litecoin is there?
BusanBeautyBlooming
Fri Dec 27 2024
|
5
answers
805
I'm curious about the total number of Litecoin that currently exist. I want to know how many Litecoin have been mined or are in circulation right now.
5 answers
ShintoSanctuary
Sat Dec 28 2024
The issuance rate starts high and gradually decreases as more blocks are mined.
Was this helpful?
315
90
MysticGalaxy
Sat Dec 28 2024
The ultimate goal of this reduction is to cap the total number of Litecoins at 84 million.
Was this helpful?
128
49
Caterina
Sat Dec 28 2024
Litecoin's issuance rate operates on a principle of equal reduction.
Was this helpful?
105
32
SamuraiBrave
Sat Dec 28 2024
This reduction happens in a predictable manner, specifically by halving the reward for mining each block.
Was this helpful?
94
27
GangnamGlitz
Sat Dec 28 2024
The halving occurs every time a set number of blocks are mined, which in Litecoin's case, is every 840,000 blocks.
Was this helpful?
163
79
