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Market News

Stellar Delays Planned Protocol Upgrade After Ecosystem Feedback

Written By:
Iyiola Adrian

Last updated: January 28, 2024 10:49 AM
Published 2024-01-28
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Stellar Launches Soroban: Expands Smart Contracts on Network

The Stellar Development Foundation has decided to delay the planned Protocol 20 network upgrade originally scheduled for January 30. The move comes after feedback from wallet developers, tool builders, and smart contract developers in the Stellar ecosystem. 

Based on ecosystem feedback, we’ve decided to disarm our validators in support of postponing the Protocol 20 vote on Jan. 30 until after a bug fix – which is already in the works – is available.

Read more about our decision below. https://t.co/b0hXJqlqem

— Stellar (@StellarOrg) January 27, 2024

The cryptocurrency project will disarm validators, preventing them from voting on the scheduled date. The voting procedure will continue after bug fixing. Stellar highlighted the need for broad consensus before introducing significant protocol changes.

A minor bug in the Stellar Core v20.1.0 code could affect services and applications after upgrading to Protocol 20. While the risk was small, the team decided to delay the upgrade and involve all ecosystem participants. 

Validators and the community remain responsible for Protocol 20 upgrade decisions. They can either proceed once a quorum is reached or maintain Protocol 19 until further notice.

The Stellar Development Foundation will continue engaging validators during ongoing bug-fixing efforts. The project may plan a new voting date if players decide to defer the upgrade until a bug-free Stellar Core version launches within two weeks.

Also Read: StellarOrg Pioneers Blockchain Humanitarian Aid

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
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Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.

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