Cryptocurrency Q&A What is the total supply of litecoin?

What is the total supply of litecoin?

Martina Martina Fri Oct 18 2024 | 7 answers 1610
I don't understand this question. Could you please assist me in answering it? What is the total supply of litecoin?

7 answers

DigitalBaron DigitalBaron Sun Oct 20 2024
Litecoin, akin to Bitcoin, boasts a unique characteristic that sets it apart from many other digital currencies. It possesses a fixed supply, meaning the total number of Litecoins that will ever exist is predetermined and cannot be altered.

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CryptoElite CryptoElite Sat Oct 19 2024
In contrast to fiat currencies, which are often subject to inflation due to government-controlled money printing, Litecoin's fixed supply offers investors a hedge against such economic uncertainties.

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Federico Federico Sat Oct 19 2024
Specifically, the maximum number of Litecoins that will ever be mined and circulated is 84 million. This limitation is encoded into the Litecoin protocol, ensuring scarcity and stability in the long run.

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DongdaemunTrend DongdaemunTrend Sat Oct 19 2024
Litecoin's fixed supply also promotes decentralization and trust in the network. Since no single entity can manipulate the supply, users can have confidence in the stability and fairness of the system.

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CryptoPioneer CryptoPioneer Sat Oct 19 2024
Among the many exchanges offering Litecoin trading, BTCC stands out as a top cryptocurrency platform. BTCC provides a comprehensive range of services, including spot trading, futures contracts, and secure wallets, catering to the diverse needs of digital asset enthusiasts.

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