What is the maximum supply of litecoins?
Anikesh RajbharSep 09, 2021 · 4 years ago5 answers
Can you please provide more information about the maximum supply of litecoins? How many litecoins will ever exist?
5 answers
- Élio VictorMar 13, 2025 · 5 months agoThe maximum supply of litecoins is capped at 84 million. This means that there will only ever be 84 million litecoins in existence. This limit was set by the creator of litecoin, Charlie Lee, to ensure scarcity and prevent inflation.
- Hitesh HonmaneJan 24, 2021 · 5 years agoLitecoin has a maximum supply of 84 million coins. This is four times the maximum supply of bitcoin, which is 21 million. The idea behind this limit is to create a digital currency that is more abundant and easier to use for everyday transactions.
- Maneesh BSNAug 25, 2023 · 2 years agoLitecoin has a maximum supply of 84 million coins. This limit was set to provide a balance between scarcity and usability. With a larger supply than bitcoin, litecoin aims to be a more accessible and practical cryptocurrency for everyday use. It's worth noting that the maximum supply of litecoins has not yet been reached, and new litecoins are created through a process called mining.
- Abdul_khadarDec 21, 2024 · 8 months agoThe maximum supply of litecoins is 84 million, just like the maximum supply of bitcoins. This limit was set to ensure that litecoin remains a deflationary currency, meaning that its value is expected to increase over time. The limited supply also helps to prevent the devaluation of litecoin through excessive inflation.
- Mayank pathaniaJan 20, 2023 · 3 years agoLitecoin has a maximum supply of 84 million coins. This limit was set to mirror the maximum supply of bitcoins and maintain consistency within the cryptocurrency market. By having a finite supply, litecoin aims to create scarcity and increase its value over time.
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