The Daily Leo #23 | The LTC Halving is Official + Chinese Yuan vs BTC + SE Token Claims Through Discord

in #dailyleo5 years ago

The Litecoin halving has officially happened!

The fourth largest cryptocurrency by market cap, LTC has officially cut block rewards for miners in half. This is an event that was "pre-programmed" in the blockchain to happen at the block height of 1,680,000.

This halving brought the mining rewards down from 25 to 12.5 LTC per block. Roughly 576 blocks are produced every 24 hours on the LTC blockchain which means that the total daily creation of new LTC has dropped from 14,400 LTC to 7,200 LTC.

This event has been highly anticipated by the entire crypto community. It's no BTC halving, but still.. a major event nonetheless.

At the time this article was published, LTC is currently hovering right at $100 and is up 7.54% on the day.

  • Market Cap: $6,283,423,825 USD
  • 24h Volume: $3,562,746,094 USD
  • Circulating Supply: 62,975,031 LTC
  • Max Supply: 84,000,000 LTC
  • New Daily Block Rewards: 7,200 LTC/Day

 

 

On the Inverse Relationship Between the Chinese Yuan and Bitcoin


@shanghaipreneur
 
3 Minute Read | 598 Words
 

Are trade talks at the Peace Hotel the reason why BTC is rising? @shanghaipreneur explains why the LTC halving may not be as influential on positive price action as you may think as he describes the correlation between CNY, CNH and BTC.

 

 

As Litecoin Halving Nears, Analysts Fear Bearish LTC Scenario - What is coming ?


@phabulu
 
5 Minute Read | 983 Words
 

The Litecoin halving is upon us and there hasn't been as much positive price action as many expected there to be. @phabulu gives us the details on the halving including what it is exactly, what happens and what may be next for LTC.

 

 

Content is An Expensive Asset For Low Budget Investors in Steem


@anggreklestari
 
3 Minute Read | 425 Words
 

@anggreklestari explains why content is your asset as an investor, creator and Steemian on the Steem blockchain. The rich may always get richer, but Steem provides a unique opportunity for everyone to get involved and earn their way to abundance.

 

 

How to claim all your Steem-Engine Tokens in one try.


@shortsegments
 
1 Minute Read | 194 Words
 

Did you know that you could claim all your Steem-Engine tokens through the Steemleo discord channel thanks to the help of the @banjo discord bot made by @inertia? @shortsegments has made a great tutorial on how to hop in discord and make claiming tokens a whole lot easier, check it out!

 

 


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You are late again with the payment! You said weekly payment not every 8 days...

Sorry, missed this comment earlier today. We’re having some issues with the airdrop script, we’ll have it out within 12 hours from now. Thanks and sorry for the delays with it. The amount will still add up to the full bounty

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LTC was my second love after BTC. It's so lovely to see the continue to develop amd grow. The halfenong only really affects miners and was accounted for already.

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Interesting read thanks for the content

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