What Is Litecoin‘s Circulating Supply?143

Litecoin is a popular cryptocurrency that was created in 2011 as a fork of Bitcoin. It is designed to be a faster and more efficient version of Bitcoin, and it has a number of features that make it unique. One of the most notable features of Litecoin is its limited issuance. Unlike Bitcoin, which has a fixed supply of 21 million coins, Litecoin has a total supply of 84 million coins.

The Litecoin issuance schedule is designed to gradually release new coins into circulation over time. The issuance rate started at 50 coins per block and it is halved every 840,000 blocks. This means that the issuance rate will continue to decrease over time until all 84 million coins have been released into circulation. The final block is estimated to be mined around the year 2142.

The current circulating supply of Litecoin is approximately 69 million coins. This means that there are still around 15 million coins that have not yet been released into circulation. The circulating supply of Litecoin has a direct impact on its price. As the circulating supply increases, the price of Litecoin will tend to decrease. This is because the increased supply of coins makes each individual coin less scarce.

The Litecoin issuance schedule is designed to balance the need for new coin issuance with the desire to maintain the scarcity of the coins. The gradual reduction in the issuance rate will help to ensure that the supply of Litecoin remains relatively stable over time.

Here is a table showing the Litecoin issuance schedule:| Block Height | Issuance Rate (LTC/block) |
|---|---|
| 0 - 840,000 | 50 |
| 840,000 - 1,680,000 | 25 |
| 1,680,000 - 2,520,000 | 12.5 |
| 2,520,000 - 3,360,000 | 6.25 |
| 3,360,000 - 4,200,000 | 3.125 |
| 4,200,000 - 5,040,000 | 1.5625 |
| 5,040,000 - 5,880,000 | 0.78125 |
| 5,880,000 - 6,720,000 | 0.390625 |
| 6,720,000 - 7,560,000 | 0.1953125 |
| 7,560,000 - 8,400,000 | 0.09765625 |
| ... | ... |
| 83,999,680 - 84,000,000 | 0.00000095367431640625 |

It is important to note that the Litecoin issuance schedule is only an estimate. The actual issuance rate may vary depending on a number of factors, such as the block time and the number of transactions being processed.

2025-02-06

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