Litecoin Prepares For Early August Halvening

Fibo Quantum

On August 5, Litecoin’s mining rewards will be cut in half from 25 coins to 12.5 coins per block. Litecoin creator Charlie Lee hopes the halved block rewards will ultimately lead to a jump in Litecoin’s price, similar to the outcome of the network’s first “halvening” back in August 2015.

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