The release of Litecoin Core v0.17.1

Litecoin developers have introduced a new version of Litecoin Core v0.17.1 client. Among the main improvements are reduced commissions and advanced privacy settings.

If you run Litecoin Core (litecoind) please update to v0.17.1 asap!

Available at: https://t.co/qjm8bQ5gOt https://t.co/bjw8CjfH8N

– litecoin (@litecoin) May 7, 2019

Thus, the minimum transaction transfer fee was reduced to 0.0001 LTC / kB – that is, recording a transaction in a block will cost $ 0.15. The developers note that this advantage will be appreciated by users interested in opening channels of the Lightning Network.

The -avoidpartialspends flag has been added to the new version of the client, which allows to avoid partial expenditure of funds and, accordingly, increases the privacy of the wallet.

Also support of partially signed transactions was implemented for more convenient work with hardware wallets, multi-signatures and CoinJoin transactions.

Recall, on August 6, 2019, a Litecoin halving is scheduled. BlockchainJournal published detailed material on how this event will affect the income of miners and the price of Bitcoin .

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