Litecoin(LTC) core v0.16.0 is opened up for LTC users

Litecoin(LTC) is digital decentralized cryptocurrency founded by Charlie Lee based on P2P network. It was released on GitHub 2011 lately. It has given 6th rank globally. Litecoin(LTC) was forked from Bitcoin.

The founder of Litecoin(LTC) has recently reposted that Litecoin core v0.16.0 is released. Now the users can upgrade the new version with new various features and improved all the issues with old versions. It includes many features and wallet changes as well with testing changes.

Litecoin core v0.16.0 is software of version 0.16.0. As the upgradation of version will not affect  the wallet of your system but it is good practice to upgrade before taking back up of your wallet if there is technical issues noted. In this version following features are there ,

Features :

1. SegWit wallet :

It supports SegWit and the change, control generation of new addresses with the help of arguments. The back up is not needed as recovery of all SegWit keys will added in users wallet.

2. Adress support :

it will also support BIP173 or P2SH adresses. If this type of adresses are identified than it automatically added it into GUI.

3. HD wallet by default :

This version will create hierarchical deterministic wallet which only support new wallet , not the wallet created by old version.

4. New Savemempool RPC :

New Savemempool is added which saves current Savemempool at any time and also to avoid it’s crash in case of power lose.

5. GUI changes :

Use available balance option is also added to send coins and to add remaining balance of wallet.

Moreover, there have also made many changes that they have done on user’s request. Accordingly they have also removed the previous version’s some changes. However few features will not be supported by this version.

Conclusion :

The founder of Litecoin(LTC) has recently reposted that Litecoin core v0.16.0 is released. Now the users can upgrade the new version with new various features and in order to improve all the issues with old versions. It is created to give ease in operation of user’s wallet and keep their transaction more secure.

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