HTC Exodus to Support LTC & Lightning Network

Additionally, the creator of Litecoin, Charlie Lee also became a project adviser
31 July 2018   1788

Taiwanese electronics manufacturer HTC will introduce Litecoin and Lightning Network protocol support in the Exodus smartphone.

Charlie Lee
Charlie Lee Twitter

The creator of Litecoin also became a project adviser.

HTC Exodus
HTC Exodus Twitter

The development of crypto smartphone HTC announced in May this year, promising to introduce support for bitcoin, Ethereum, Lightning Network and Dfinity.

The release of Exodus on the international market is planned for the fall, and the price of the gadget will be about $ 1,000.

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.