Litecoin (LTC) Gets Major Core Update; Here is the implication

Litecoin (LTC) Gets Major Core Update;  Here is the implication

Litecoin, one of the pioneering cryptocurrencies in the digital asset space, has recently undergone a core upgrade, introducing several notable changes to the LTC network.

Litecoin, one of the pioneering cryptocurrencies in the digital asset space, has recently undergone a core upgrade, introducing several notable changes to the LTC network.

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The latest core update, “Litecoin Core v0.21.3rc3”, brings several key improvements and features to the Litecoin network. This update marks an important milestone in the continued evolution of Litecoin and highlights the project’s commitment to improving its technology and functionality.

He Litecoin Core 0.21.3 Released candidate is a minor new release, which includes new features, several bug fixes, and important security updates.

One of the notable changes brought about by the major update is the important security updates that strengthen Litecoin’s security measures to mitigate potential threats and vulnerabilities. The latest version contains fixes for CVE-2023-33297, which allows an attacker to cause a bandwidth and CPU remote denial of service, an attack that has been exploited in the wild.

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The update also adds new MWEB features, including thin client p2p messaging implementing LIP006 and the addition of PSBT, the technology behind hardware wallets that has been redesigned to support MWEB.

The update also implements build changes, including those that primarily update the macOS Build SDK to Xcode 12.1, increasing the minimum macOS version to 10.15.6. These changes also improve build instructions for UNIX systems and fix builds on Alpine Linux/musl.

In a notable milestone, the Litecoin network has completed over 28 million transactions so far in 2024.

In another positive development for Litecoin, Coinbase Derivatives has hinted at its plans to launch cash-settled futures contract products for the cryptocurrencies Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH), as soon as April 1.

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