Litecoin Is ‘Halving’ Soon: What’s Happening and What You Should Know

Litecoin Is ‘Halving’ Soon: What’s Happening and What You Should Know – CoinDesk

A rule embedded within litecoin’s (LTC) code is set to soon reduce rewards for the miners who today ensure transaction processing on the world’s fourth-largest blockchain by total value. In approximately five days, litecoin will undergo a scheduled reward halving – a process aimed at preserving cryptocurrency’s purchasing power.