Litecoin, created as a fork of the
Bitcoin blockchain in 2011, shares similarities with Bitcoin but has a different hashing algorithm. Litecoin's total supply is capped at 84 million coins, ensuring a finite and predictable circulation.
6 answers
MysticGalaxy
Tue Dec 10 2024
This reduction in supply is a predictable aspect of Litecoin's economic model.
OliviaTaylor
Tue Dec 10 2024
Traders appreciate the limited and declining supply of Litecoin.
RobertJohnson
Tue Dec 10 2024
They believe that as fewer new coins are minted, the existing Litecoins will become more scarce.
Michele
Tue Dec 10 2024
Litecoin possesses a maximum supply of 84 million LTC.
noah_smith_researcher
Tue Dec 10 2024
The introduction of new LTC into the market is systematically decreased over time.