News

Stellar Ecosystem Bug Causes The System To Be Upgraded Quickly To Fix

Key Points:

  • Stellar’s smart contract upgrade was delayed by a bug in the software.
  • The potential impact on “Soroban” transactions prompts reconsideration.
  • Stellar Development Foundation to postpone upgrade pending Stellar ecosystem bug fix.
Stellar, the blockchain platform renowned for its efficient cross-border transactions, is encountering a setback in its plans to integrate Ethereum-like smart contract capabilities.
Stellar Ecosystem Bug Causes The System To Be Upgraded Quickly To Fix 2

Read more: Review Stellar ($XLM) – An Open Network For Money

Stellar Ecosystem Bug Found in Smart Contract Software

The delay comes in light of a Stellar ecosystem bug discovered, prompting developers and validators to reconsider the upgrade schedule.

The hiccup emerged on January 25 when the Stellar Development Foundation (SDF) detected a glitch within the Stellar Core v20.1.0 software, potentially impacting applications and services linked to the anticipated “Soroban” smart contract transactions.

Initially targeting January 30 for the upgrade rollout, Stellar developers and validators have hit the brakes following the bug’s revelation. Despite the SDF’s initial assessment downplaying the risk, community feedback spurred a reassessment. Consequently, the foundation intends to neutralize its validators to prevent a premature network upgrade.

The decision-making process involving the upgrade isn’t unilateral; the SDF actively engages with the Stellar Dev Discord and developer mailing lists, fostering dialogue within the ecosystem. The foundation underscores its commitment to resolving the Stellar ecosystem bug and fostering transparent discussions with validators.

While the upgrade delay presents a temporary setback, the SDF remains resolute in its mission to address the Stellar ecosystem bug and facilitate constructive exchanges among stakeholders. Should validators opt to defer the upgrade, collaborative efforts will ensue to determine a new voting date once a bug-fixed version of Stellar Core becomes available within the forthcoming two weeks.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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