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 The Stellar Development Foundation (SDF) has requested that the upgrade be withdrawn after a bug was discovered that could have caused problems with fee increase transactions.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

Dogecoin (DOGE) stalls in range, bulls fail to capture momentum

March 26, 2026

OpenAI explores 5GW convergence power deal with Helion Energy

March 23, 2026

XRP SEC Classification Status: Impact on Markets

March 20, 2026
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Reacts Quickly, Markets Still Cautious

March 27, 2026

The Ethereum network has seen a sharp increase in daily transactions due to the rise in the price of ETH.

March 27, 2026

Bitmine Crypto Strategy Tracking: How much Bitcoin and Ethereum does the company hold?

March 26, 2026

Dogecoin (DOGE) stalls in range, bulls fail to capture momentum

March 26, 2026

Why ZenMine Chose Liquid Cooling For Its Mining Infrastructure

March 26, 2026

T-REX Network And Zama Launch Institutional-Grade Confidentiality Infrastructure For RWA Tokenization

March 26, 2026

Circle, Coinbase and Ripple support Tazapay’s $36 million raise.

March 26, 2026

Coinbase Adds Little-Known Crypto Assets to Spot Trading Listing Roadmap

March 26, 2026

Your Passport Or Your Crypto Why Users Are Choosing B1exch.to

March 25, 2026

Bitmine Immersion Technologies (BMNR) Announces Launch Of MAVAN (Made In America VAlidator Network), The Company’s Proprietary Staking Solution

March 25, 2026

BYDFi expands Europe with sponsorship of Next Block Expo 2026 in Warsaw

March 25, 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

Bitcoin Reacts Quickly, Markets Still Cautious

March 27, 2026

The Ethereum network has seen a sharp increase in daily transactions due to the rise in the price of ETH.

March 27, 2026

Bitmine Crypto Strategy Tracking: How much Bitcoin and Ethereum does the company hold?

March 26, 2026
Most Popular

The U.S. Treasury Department says NFTs are vulnerable to fraud and fraud and recommends rules and guidance to provide clarity.

May 30, 2024

Notable levels include:

January 16, 2024

Tezos X: Unveiling the Future of Modular Blockchain Design

June 28, 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.