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CoinDesk 2023-08-01 21:31:49

Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supplies of ‘Digital Silver’

The once-ever-four-years "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price.

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