What is Litecoin Halving and what is ELLIPAL Doubling?

ellipal (44)in #litecoin • 5 years ago

The most recent Litecoin halving occurred on August 5th 2019 which is the second halving in Litecoin’s history. Halving is the process of reducing block rewards for miners in half after a certain number of blocks have been mined. It happens every four years to ensure that Litecoin will follow a steady issuance rate until maximum supply is reached. Currently after the halving, the block reward stands at 12.5 LTC.

Just after the 2019 halving, there was some significant price volatility which saw Litecoin going above $100 and falling down to almost $90. Despite the changes, many sources are still confident to see Litecoin reach $150 to $200 by the end of 2019.

Despite the price debate, Litecoin is still one of the most widely used payment cryptocurrency in the world and has maintained over 25,000 transactions everyday for the last 12 months showing yet again that Litecoin is definitely one of the top currency in the market.

To help all Litecoin holders and miners securely store their Litecoin, ELLIPAL has partnered up with the Litecoin Foundation to bring you the ELLIPAL Doubling promotion. We have doubled our discount on the ELLIPAL Titan hardware wallet pre-sale with the help of Litecoin Foundation to make sure every Litecoin holder can secure their coins safely.

Get the world’s first and most secure airgapped and IP65 metal sealed hardware wallet with mobile support today at only $119 from normal price of $169. You will also receive ELLIPAL Metal Mnemonics to securely store your recovery phrase.

Get it only at The Litecoin Foundation’s Shop:
https://litecoin-foundation.org/product/ellipal-titan-pre-order/

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