Litecoin Core 0.16.2 has just been released, according to an official announcement on their blog website, on September 8, 2018.
Litecoin Core is currently the implementation of the most popular complete node of the Litecoin digital currency (LTC). The Core, thanks to its open source function, is open to volunteers and qualified personnel interested in the development of Core. Interested volunteers can join Core by reaching and proposing improvements to the basic code. The new version is based on this premise, with a team of about 19 volunteers.
– Litecoin.Com (@LitecoinDotCom) 8 September 2018
The project of digital currency and open source software p2p has released the update in the early hours of today with an official public announcement informing users of the event after a long wait. The update was released only after sufficient and rigorous testing, in which an improvement was made without space for technical problems or bugs. The statement read:
"Litecoin Core 0.16.2 was finally released to the public after months of intensive development and testing, which is a minor incremental version that provides numerous bug fixes, performance improvements and some new features."  Notices and Required Information
The instruction warns that the previous portfolios created in version 0.16 and in later versions will not be compatible with versions prior to 0.16 and would not work if newly created portfolios are used in previous versions and previous.
However, it is important to note that existing and explicitly created portfolios with earlier versions would not be affected by
Furthermore, the statement admits that the new version could still be subject to bugs and unexpected problems despite heavy testing . Users are advised to back up the data file in their wallet before being updated for recovery at a later time.
The new version can be downloaded or purchased from Litecoin.org, while the complete change log provided by the development team can be found here.