Litecoin

The third Litecoin halving occurred on August 2, 2023, at block height 2,520,000. This event is part of Litecoin's programmed deflationary monetary policy similar to Bitcoin.

Tokenomic Changes:

• Block Reward - Reduced from 12.5 LTC to 6.25 LTC (50% reduction)
• Daily Issuance - Decreased from ~18,000 LTC to ~9,000 LTC per day
• Supply Mined - At the time of halving, 86.9% of the 84 million total supply had been mined
• Inflation Rate - Reduced the rate of new LTC entering circulation

Supply Impact:

Litecoin follows a halving schedule every 840,000 blocks (approximately 4 years), with the final halving expected around 2142 when the block reward reaches zero and all 84 million LTC will be in circulation.