I'm curious about the total number of
Litecoin that currently exist. I want to know how many Litecoin have been mined or are in circulation right now.
5 answers
ShintoSanctuary
Sat Dec 28 2024
The issuance rate starts high and gradually decreases as more blocks are mined.
MysticGalaxy
Sat Dec 28 2024
The ultimate goal of this reduction is to cap the total number of Litecoins at 84 million.
Caterina
Sat Dec 28 2024
Litecoin's issuance rate operates on a principle of equal reduction.
SamuraiBrave
Sat Dec 28 2024
This reduction happens in a predictable manner, specifically by halving the reward for mining each block.
GangnamGlitz
Sat Dec 28 2024
The halving occurs every time a set number of blocks are mined, which in Litecoin's case, is every 840,000 blocks.