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 The Stellar Development Foundation (SDF) has requested that the upgrade be withdrawn after a bug was discovered that could have caused problems with fee increase transactions.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

How to Hedge a Cryto Portfolio: A Beginner’s Guide (2026)

July 6, 2026

Ethereum price rebound gains traction after overcoming major hurdle.

June 30, 2026

Bitcoin price confidently regained $65,000. Will there be a bigger rebound next?

June 27, 2026
Add A Comment

Comments are closed.

Recent Posts

Bybit PWM BTC Funds Post 4.9% Growth In 60-Day Annualized Return As Bybit Expands BTC Yield Suite For Holders

July 9, 2026

Polymarket Probability Price The probability that the United States will invade Iran before 2027 is 16.5%.

July 9, 2026

Bitcoin ETF Revamp: Investment Opportunity

July 9, 2026

Cryptocurrency Inheritance Update: May 2026

July 8, 2026

Bitcoin erases sell-off as spot buyers dominate the market.

July 8, 2026

MEXC Adds Nine Ondo Tokenized Stock And ETF Trading Pairs Tied To AI Infrastructure Demand

July 8, 2026

What are cross-chain bridges? Why they keep getting hacked

July 7, 2026

Bitcoin Suisse Advances Middle East Expansion, Receives Financial Services Permission In Abu Dhabi

July 7, 2026

Moonbeam switches from Polkadot to Base for building AI agents.

July 7, 2026

Bittensor subnet token launches on Kraken

July 6, 2026

GoMining uses DMND pool to mine the first Stratum V2 Bitcoin block.

July 6, 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

Bybit PWM BTC Funds Post 4.9% Growth In 60-Day Annualized Return As Bybit Expands BTC Yield Suite For Holders

July 9, 2026

Polymarket Probability Price The probability that the United States will invade Iran before 2027 is 16.5%.

July 9, 2026

Bitcoin ETF Revamp: Investment Opportunity

July 9, 2026
Most Popular

Surviving The Bull Run

January 15, 2024

The Tether USD stablecoin circulating supply is close to $100 billion.

March 4, 2024

Bitget Wallet integrates with Onmeta to strengthen local fiat-cryptocurrency channel in India

March 15, 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.