The third Litecoin halving event is close by; here are some important things you need to know.

The third halving of Litecoin will take place on August 2, 2023, at block 2,520,000, and is now 100 days away. The date could, however, vary as a result of changes in the network's hash rate.

The rewards that cryptocurrency miners receive for validating transactions on a blockchain are reduced by half through a process known as "halving." In accordance with the laws of supply and demand, this is done to slow down the rate at which new units of a digital asset are produced. This creates scarcity and may increase the asset's value.

In order to combat inflation and promote a sustainable and steady growth trajectory for the cryptocurrency, the number of coins in circulation will be halved.

Source: https://cryptopotato.com/100-d....ays-left-until-litec