Litecoin foundation has announced the release of the next version of Litecoin core called as v0.17.1 on March 6th. The news was announced on Litecoin’s blog by the foundation’s lead developer – Adrian Gallagher.
The new version brings a host of new features but the most important feature in the new core is a new wallet format.
Litecoin’s wallet in the core gets a major upgrade. The new version of Litecoin features Dynamic Wallet creation. Previously wallets could only be loaded or created at the startup, but now in the new version, it is possible to load, create and unload wallets dynamically at runtime. The feature is only available through the RPC interface.
Another new thing introduced in the new version is the lowering of the minimum transaction fee. The default minimum transaction fee -mintxfee has been lowered to 0.0001 LTC/kB after relaxing the minimum relay and dust relay fee rates in prior releases.
The ‘account’ functionality has been deprecated and has been replaced by the ‘label’ API. The complete list of improvements and new features can be found here.
Litecoin Core 0.17.1 is in the test version currently. There is a couple of knowns discussed which have to be fixed first. There is no definite timeline as of when the stable version will be released, but according to Litecoin’s blog after testing and passing various use cases v0.17.1 will be released.
Also Read:
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Why Is ? In the volatile world of cryptocurrency, sharp declines can happen overnight, leaving…
New York City Bets on , a Technology Most Have Discarded as Useless In a…
Key in : What You Need to Know The Web3 revolution promises decentralized freedom, financial…
Exposed: A Massive Draining Millions from Everyday Investors In the fast-paced world of cryptocurrency, where…
Bitcoin Dips Below $88K: What's Driving the Crypto Sell-Off? In the latest , amid a…
It's a rough day for XRP holders. On December 23, 2025, the price has tumbled…