Litecoin

Bitcoin

The <a target="_blank" href="https://tokeninsight.com/en/coins/litecoin/overview" rel="noopener noreferrer nofollow">Litecoin</a> Network, created in 2011 as a fork of Bitcoin, implemented its third mining-reward halving, reducing the pace of expansion in the supply of its native token, LTC. 
Halving is a process by which the per-block reward given to miners in a crypto network for verifying transactions and adding blocks to the ledger is reduced by 50%. It's a feature in both the Litecoin and Bitcoin blockchains, which implement the halving roughly every four years. 
Wednesday's change reduced the per-block LTC reward to 6.25 LTC from 12.5 LTC. 
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Litecoin Network Implemented 3rd Mining Reward Halving

TokenInsight

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