Stellar Development Fund postpones Soroban upgrade, earns praise from Stellar community

Protocol 20 Upgrade Delayed

The Stellar Development Foundation (SDF) has made the executive decision to delay the Protocol 20 upgrade of the Stellar blockchain, which was initially scheduled for January 30th. This announcement came as a result of uncovering a bug in Stellar Core v20.1.0, necessitating a temporary halt to ensure the network’s integrity.

Commitment to Network Security

Upon the discovery of the bug on January 25th, which impacted Soroban transactions by misdirecting fee-bumped refunds, the SDF chose to “disarm” its validators to prevent the Protocol 20 vote from proceeding. Although the bug was deemed low risk, SDF’s swift action to work on a resolution underscores their proactive approach to maintaining a secure network.

Validator Collaboration and Readiness

The SDF’s decision has opened up the floor for other validators within the Stellar network, who still have the option to vote for the upgrade as originally planned. The Foundation has expressed its willingness to work in tandem with these validators to establish a new date for the vote following the release of the bug fix, a move that demonstrates the collaborative ethos of Stellar’s governance.

Community and Market Response

Stellar’s community has shown strong support for the SDF’s cautious stance. One notable community member, Stellar Skull, praised the decision, emphasizing the ecosystem’s collective nature. The market has also reacted with stability, with Stellar’s native token XLM maintaining its value, indicative of the market’s confidence in the network’s resilience in the face of technical challenges.

For more updates on Stellar and the Soroban upgrade, stay tuned to AI Crypto Pulse.

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