Ep. 253 - Step into the Litecoin: Why PoW Mining Rewards Halve, with Franklyn Richards

Today is the Litecoin Halving, where block rewards are decreased from 25 to 12.5 LTC every block (~roughly every 2.5 minutes). This is a crucial event that algorithmically happens every 4 years and is a key part of the monetary policy behind cryptocurrencies. Today we are joined by Franklyn Richards of the Litecoin Foundation. CRYPTO 101 dives into the Litecoin Halving, miner incentives and game theory around events like the halving, fundamental cryptoeconomics, the future of Proof of Work, the future of Litecoin and so much more. My one word of advice today: get out a pen and paper, take some notes, and re-listen to this crucial episode. Guest Links: https://twitter.com/ltcfoundation https://twitter.com/franklyncrypto Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights ReservedOur Sponsors:* Check out Gemini Exchange: https://gemini.com/card* Check out Plus500: https://plus500.com* Check out Plus500: https://plus500.com* Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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