Litecoin (LTC)
Unlock Schedule
Litecoin (LTC) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
A fixed limit and a mining schedule
Litecoin’s maximum supply is 84 million LTC. New coins enter circulation as part of the reward for adding a block. Miners also receive the transaction fees included in that block. The original block reward was 50 LTC, and the programmed reward falls by half every 840,000 blocks—about once every four years at Litecoin’s target block rate. The August 2023 halving reduced it from 12.5 LTC to 6.25 LTC per block. (litecoin.com)
That schedule makes the rate of new coin creation predictable. It does not set the value of a coin or determine how often people will use the network. Over time, as block rewards shrink, transaction fees become a more important part of miners’ compensation. (litecoin.com)
LTC has three basic jobs within the system. People use it to transfer value, pay network fees, and compensate miners for securing the blockchain. It can be divided into smaller units, so a payment does not require a whole coin. Litecoin operates through mining rather than native staking; lending or interest products offered by outside companies are separate arrangements. (litecoin.com)
Assumptions
Litecoin enters circulation through proof-of-work block rewards, including the first two spendable blocks that its founder described as premined. The permitted reward began at 50 LTC per block and halves every 840,000 blocks; the documented supply limit is 84 million LTC. The reward rule extends until its integer calculation reaches zero, but there is no fixed calendar date for that final block. The chart models permitted mining rewards, with estimated historical monthly placement and projected future dates rather than observed issuance for every block.
- 1. https://raw.githubusercontent.com/litecoin-project/litecoin/master/src/validation.cpp
- 2. https://raw.githubusercontent.com/litecoin-project/litecoin/master/src/chainparams.cpp
- 3. https://raw.githubusercontent.com/litecoin-project/litecoin/master/src/amount.h
- 4. https://bitcointalk.org/index.php?topic=47417.0
- 5. https://docs-v2.blocksdk.com/litecoin.html
- 6. https://www.bitinfocharts.com/litecoin/block/3182469/61325a19ec049f824fc790ba4c993c6403f5495471fdb71b8bcc02f3221fa349
- 7. https://litecoin.com/news/2023-litecoins-most-prolific-exciting-year
Allocations
Dates past the last dated anchor are projected at 148.32 seconds per block, the observed mean between the last two dated anchors, instead of the 150-second target block interval
Description
#24
Litecoin is a cryptocurrency that is based on Bitcoins open source code, but with faster transaction times and lower fees. It uses a different mining algorithm and has a fixed supply of 84 million coins.
| Sector: | Payments |
| Blockchain: | Other L1 |