When will Litecoin (LTC) be split (Litecoin just started)

When will Litecoin (LTC) be split? According to official regulations, Litecoin tokens will be destroyed at a ratio of 1:1. The specific time is determined when the block height reaches 148888, and then the total amount will be reduced by halving every day. The first issuance (November 19, 2016) started to circulate after reaching block height 1580000. The second issuance (early June 2015) will start liquidity mining in July 2018; the third issuance (August 13, 2017) will start in the first quarter of 2020, and then halving will occur every year; the fourth issuance (end of September to mid-October 2018) will be completed around the third quarter of 2019.

Litecoin just started

According to Coindesk, Litecoin has just started trading. According to a statement, despite recent fluctuations, it is still in the early stages. This means that investors will not be able to use Litecoin to purchase anything (unless the price rises significantly). It has been reported that Bitflyer, the developer of Litecoin, released a press release on July 8th, stating that the project has “received a lot of attention.” The founders of the project believe that “although LTC has been around for some time, its value has not been fully proven.” They also added, “We have not seen a completely alternative way to exchange cryptocurrencies for Bitcoin. Therefore, I suspect that Litecoin may become one of the most popular and interesting cryptocurrencies in the world and may replace legal assets such as the US dollar or the euro.”