Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Stellar smart contract upgrade delayed due to software bug: What does it mean for Stellar?
EXCHANGE NEWS

Stellar smart contract upgrade delayed due to software bug: What does it mean for Stellar?

By Crypto FlexsJanuary 30, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Stellar smart contract upgrade delayed due to software bug: What does it mean for Stellar?
Share
Facebook Twitter LinkedIn Pinterest Email

A much-anticipated upgrade to add smart contract functionality to the Stellar blockchain has been delayed beyond its initial target of January 30. The Stellar Development Foundation (SDF) has requested that the upgrade be withdrawn after a bug was discovered that could have caused problems with fee increase transactions.


TLDR

  • A bug has been discovered in Stellar Core software that may affect smart contract applications after upgrading to Protocol 20.
  • The Stellar Development Foundation now plans to postpone and “disarm” validators from voting on the upgrade on January 30th.
  • Other validators can choose to upgrade once quorum is reached, but at least six major validators are now also planning to postpone the upgrade.
  • Bug fixes are expected within two weeks, after which the foundation plans to adjust a new upgrade date.
  • This response highlights Stellar’s ​​shared governance and decision to prioritize security over decentralization.

This bug occurs within the Soroban smart contract platform enabled as part of Protocol 20. Specifically, refunds for smart contract transactions are incorrectly sent to the source account of the internal transaction rather than the external fee bump account.

After discovering the bug on January 25, SDF initially deemed the risk low given Soroban’s gradual rollout plan. However, extensive feedback from node validators, developers, wallet providers, and other Stellar contributors has led to a reevaluation.

On January 27, SDF announced plans to “disarm” its own validators, preventing them from voting to run the upgrade. At least five other major validator nodes are planning to do the same and will likely postpone their upgrades except for an unlikely quorum of validators.

Although they found a bug and found it to be of little risk, they decided to postpone Soroban until it was fixed, reflecting the community’s concerns. because…

“We are not one ecosystem.”

Perhaps something trustworthy is more valuable than something completely decentralized. ????

?????????????????????????

Long live Stella!

— Stella Skull (@STELLARSKULL) January 27, 2024

This after-the-fact decision-making highlights Stellar’s ​​emphasis on stability and security over pure decentralization. Rather than exercising a leadership position to drive change, SDF emphasized collaborating with stakeholders before proceeding.

The good news is that developers expect the issue to be resolved within two weeks. Afterwards, SDF plans to work with validators to set a new upgrade date. This process demonstrates an open channel of communication between technically skilled community members.

Although a setback, the delay ultimately provides confidence that Soroban, which has undergone intensive peer review, will perform well upon launch. Stellar contributors advocated investing additional time to strengthen the integrity of the upgrade before applying it to real-world conditions.

The situation also reaffirms the basic health of the ecosystem. A variety of node operators, wallets, traders, builders and infrastructure providers scrutinize network developments and provide critical insights into risks from their unique vantage points.

It would be prudent to quickly delay the launch of Stellar’s smart features. This maintains constructive momentum rather than rushing code to mainnet, which can cause headaches for users and applications.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum price could spark a new uptrend above $1,550.

July 24, 2026

Bitcoin price is hovering above $60,000 as traders seek direction.

July 21, 2026

The next chapter for XRP price could be a strong move to the upside

July 18, 2026
Add A Comment

Comments are closed.

Recent Posts

SwapToZEC.com Details How to Swap Crypto to Zcash (ZEC) or Exchange One Cryptocurrency for Another

September 18, 2026

AML RightSource Recognized with CobraSight Award for Digital Asset Compliance Expertise

September 17, 2026

1win Adds Provably Fair Technology to Its Crypto Games

September 17, 2026

Tria Deepens Korea Push as Diamond Sponsor of Korea Blockchain Week 2026

September 16, 2026

MEXC Launches $1M “Discover Your Wall Street DNA” Campaign to Help Traders Find Their Market Fit

September 16, 2026

38.66M USDT in Risk Funds Intercepted, Futures Insurance Fund Hits 792M USDT

September 16, 2026

BASIS.pro Expands On-Chain Infrastructure with XDC Network Partnership and Zypher DAO as Auto Earn Goes Live

September 16, 2026

BingX Evolves into a Multi-Asset Trading Platform, Connecting Users to Global Opportunities

September 15, 2026

Bitmine Announces $15.8 Billion in Crypto, Cash and Marketable Securities Holdings

September 14, 2026

MEXC Reports 21% MoM Growth in New-Token Traders and 31% Increase in Tokenized Stock Trading Volume in August

September 14, 2026

Tag Markets Names Craig Lund Chief Executive Officer

September 14, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

SwapToZEC.com Details How to Swap Crypto to Zcash (ZEC) or Exchange One Cryptocurrency for Another

September 18, 2026

AML RightSource Recognized with CobraSight Award for Digital Asset Compliance Expertise

September 17, 2026

1win Adds Provably Fair Technology to Its Crypto Games

September 17, 2026
Most Popular

dYdX community votes to take $60 million stake from Treasury to strengthen security

April 7, 2024

Crypto Gems in 2024: Expert Predictions You Need to Act Now

February 16, 2024

OKX announces postponement of delisting of STARL and ANT margin trading pairs

May 23, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.