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Litecoin Announces The Release Of Core v0.16.3 - LTC News, Price Analysis. Thursday, September 20

20 september 2018, 22:25 by John Kiguru

Litecoin Announces The Release Of Litecoin Core v0.16.3

It is fundamental for every project to keep updating and improving on its platform. This ensures that the platform is up to date, compliant and fixes bugs and security concerns. Litecoin on September 20 announced that they have released their latest update.

According to the announcement, this will bring some major security updates to the platform. The company has continued to urge all its users to upgrade to the newly released Litecoin Core v0.16.3 as soon as possible.

The post has also guide users on how to download and update to the new version.

Compatibility of the new version goes as far as Linux kernel, macOS 10.8+, and Windows Vista and later operating systems. But, the post has been clear that Windows XP is not supported.

One security vulnerability being solved by this update will be a denial-of-service vulnerability which the team says miners can exploit. The vulnerability has been discovered on the Litecoin Core versions 0.14.0 up to 0.16.2 and only the new Core v0.16.3 will solve the issue. This is one of the main reasons the team is urging users to upgrade and avoid being hacked.

Litecoin Price Predictions

Early in the day, Litecoin founder Charlie Lee Twitted about Litecoin’s price. In the tweet, he made a claim that some people/funds were manipulating LTC prices.
“1/ Recently, there has been a concerted effort to suppress Litecoin price by people/funds that are shorting LTC and by groups that see Litecoin as a threat. I will clear up this FUD and show why Litecoin has tremendous value,"

Charlie Lee went on to defend the altcoin with facts. He talked about its security measures, liquidity, its $200MM worth of transactions per day, and the fact that it is still the cheapest and fastest Lightning Network. These were just a few of the reasons Charlie Lee believes Litecoin is the best altcoin. In an interview earlier in the year, the founder said that he believed Litecoin is the digital silver. In his comparison, Bitcoin was digital gold and Ripple was the digital diamond.

At the time of press, Litecoin is trading at $54.60. This is a price increase of 2.46% in the last 24 hours.

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