BTCPay and CoinCards added support for Litecoin

BTCPay Server and Coincards gift cards payment service started accepting Litecoin from January 9 
10 January 2018   2549

BTCPay server, which is a self-hosted payment processor for Bitcoin, has announced support for Litecoin cryptocurrency, which became the second currency to be accepted on the service. Nicolas Dorier, the developer of BTCPay, tweeted that users are able to try Litecoin integration for their stores on testnet, and to pay an invoice part in LTC and part in BTC.

At the moment of press, these are the main market parameters of Litecoin:

  • Average Price: $242,45
  • Market Cap: $13 260 908 341
  • 24h Volume: $1 047 210 000

Litecoin to Implement Reward Halving Successfully

Block reward was reduced from 25 LTC to 12.5 LTC on block 1,680,000
06 August 2019   118

Today, on August 5, the reward for the Litecoin block for miners was halved.

Halving happened on block 1,680,000, changing the block reward from 25 LTC to 12.5 LTC. The next halving will take place in four years - tentatively on August 2, 2023, as a result of which the block reward will decrease to 6.25 LTC, making digital silver even more scarce.

Litecoin Block Reward Halving Countdown
Litecoin Block Reward Halving Countdown

According to litecoinblockhalf, 75% of the total Litecoin supply has been mined so far. The current inflation rate of the coin is 4.26%, and after four years it should drop to 1.80%.

Many investors were sure that the market had long “digested” the positive expectations in connection with a decrease in cryptocurrency emissions and expected either a sideways price movement or even a decrease in the LTC rate.