litecoinhalving
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š°Litecoin Halving šÆš”
Litecoin halving is an event that occurs approximately every four years in the Litecoin blockchain.
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During the halving, the block reward given to miners for adding new blocks to the blockchain is reduced by half.
This mechanism is designed to control the inflation rate of Litecoin and ensures that the total supply of Litecoin remains limited, making it a deflationary digital currency.$LTC
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During the halving, the block reward given to miners for adding new blocks to the blockchain is reduced by half.
This mechanism is designed to control the inflation rate of Litecoin and ensures that the total supply of Litecoin remains limited, making it a deflationary digital currency.$LTC
#askanda #litecoinhalving #ltc
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