Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
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 The Stellar Development Foundation (SDF) has requested that the upgrade be withdrawn after a bug was discovered that could have caused problems with fee increase transactions.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

Bitcoin Price $ 123K Explosion -Trader Brace for Brake Out

July 20, 2025

Dogecoin (DOGE) struggles to get up in higher floKi rocket rockets.

July 17, 2025

Crypto Company is a bank license in the US during Ripple, Circle and Bito Target

July 14, 2025
Add A Comment

Comments are closed.

Recent Posts

MultiBank Group’s $MBG Token TGE Is Live On MexC, Gate.io, Uniswap And Multibank.io.

July 22, 2025

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025

Altcoin benefits of capital rotation

July 22, 2025

KAITO unveils Capital Launchpad, a Web3 crowdfunding platform that will be released later this week.

July 22, 2025

CARV Advances AI Beings Roadmap With Hackathon And 12+ Ecosystem Partnerships

July 22, 2025

POLYMARKET will re -enter the United States after the acquisition of QCEX $ 112 million.

July 22, 2025

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025

Monarq Asset Management Appoints Sam Gaer As CIO To Lead Directional Strategy

July 21, 2025

Little PEPE surpasses $ 4 million in pre -sales, emerging as one of the main memes in 2025.

July 21, 2025

Bitcoin Price $ 123K Explosion -Trader Brace for Brake Out

July 20, 2025

Ether Lee Rium breaks $ 3K with 7,200% of the virus L2 coin eyes.

July 20, 2025

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

MultiBank Group’s $MBG Token TGE Is Live On MexC, Gate.io, Uniswap And Multibank.io.

July 22, 2025

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025

Altcoin benefits of capital rotation

July 22, 2025
Most Popular

Google partners with Magic Leap to advance the potential of augmented reality technology

June 3, 2024

Vitalik Buterin donated $182,000 to help fight aviation disease after receiving billions of Moo Deng memecoin tokens.

October 7, 2024

Ethereum fell below its 100-day moving average.

March 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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