Connect with us

Hi, what are you looking for?

Editor's Pick

Stellar Delays Smart Contract Upgrade Following Bug Discovery

The Stellar Development Foundation (SDF) has postponed its scheduled smart contract upgrade after discovering a bug in the upgrade.

According to a recent announcement published by the Stellar Development Foundation, the Protocol 20 upgrade, originally slated for a Jan. 30 launch, was delayed following the identification of a bug.

The SDF made the decision after communicating with Stellar ecosystem contributors.

Stellar to Disarm Validators After Reconsideration

Stellar first alerted the community about the bug in Stellar Core v20.1.0 software on Jan. 25. This bug presented potential issues for applications and services using fee bumps in Soroban transactions, especially if Stellar’s Mainnet upgraded to Protocol 20.

“When a Soroban transaction that will result in a refund is Fee-bumped, the refund is sent back to the inner Soroban transactions source account,” a GitHub post explained the bug.

“The refund should be sent to the Fee-bumps source account instead.”

The SDF initially assessed the bug’s risk as low and intended to proceed with the upgrade. Yet the feedback from Stellar contract developers, wallet developers, validators, and tools builders led to the reevaluation of the upgrade schedule, eventually pushing the SDF to opt to reconsider the launch.

Next Steps for Protocol 20

The decision on whether to upgrade currently rests with other validators in the network. They can either vote for Protocol 20, enabling the upgrade if a quorum is reached, or choose to maintain the current Protocol 19 by disarming.

The SDF is working to resolve the bug and plans to coordinate a future vote date after releasing a bug fix, expected within two weeks. This development highlights the collaborative decision-making process of decentralized blockchain networks.

They noticed the bug but saw that it posed little risk but choose to delay Soroban until it is fixed to honor community concerns, because…

” we are not an ecosystem of one.”

Perhaps trustworthy is of more value than completely decentralized.

Viva la Stellar!

— StellarSKULL (@STELLARSKULL) January 27, 2024

“They noticed the bug but saw that it posed little risk but choose to delay Soroban until it is fixed to honor community concerns,” said Stellar ecosystem contributor StellarSKULL. “Perhaps trustworthy is of more value than completely decentralized.”

The post Stellar Delays Smart Contract Upgrade Following Bug Discovery appeared first on Cryptonews.

You May Also Like

Economy

How can Forex crash? Forex market crash history Fact that the Forex is one of the most volatile and most profitable markets in the...

Editor's Pick

As decentralized naming systems gain traction, Ethereum Name Service has seen ENS price double, leaving some FOMO investors asking is it too late to...

Editor's Pick

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale...

Stock

Enthusiasm is needed to drive an uptrend, but sometimes enthusiasm can go too far. That is why technical analysts like to use various sentiment...

Disclaimer: happyretirementstories.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 happyretirementstories.com