- Litecoin recently announces Litecoin Core v0.17.1 update, bringing a host of enhancements.
- Transactions fees will be largely reduced and there will be greater privacy.
The Litecoin foundation in a recent blog post of the detailed the release of an updated client software version, Litecoin Core v0.17.1.Litecoin
The upgrade brings; some slight adjustments to user interface changes, a new wallet format, extended privacy features, and a significant network fee policy change which effectively reduces the minimum transaction cost from 0.001 LTC/kb (the default value of the previous client) to 0.0001 LTC/kb.
In terms of further enhancements, the Litecoin Core 0.17.1 will enable greater privacy for user UTXOs. In addition to supporting partially signed transactions has also been included “simplify workflows where multiple parties need to cooperate to produce a transaction”.