The Stellar Development Foundation Delays Protocol 20 Upgrade
The much-anticipated Protocol 20 upgrade of the Stellar blockchain, scheduled for Jan. 30, has been postponed by the Stellar Development Foundation (SDF). This decision was made due to the discovery of a bug in Stellar Core v20.1.0. To prioritize network integrity, the SDF has chosen to “disarm” its validators and delay the Protocol 20 vote until the bug is resolved.
Bug Affects Soroban Transactions
A bug affecting Soroban transactions was identified on Jan. 25, specifically related to fee-bumped refunds. The bug redirects refunds incorrectly to the source account of the inner transaction instead of the fee-bump’s source. Although classified as low risk, the SDF is actively working on a fix to ensure network security.
Opening Possibilities for Validators
By delaying the vote, the SDF allows other validators on the network, not governed by them, to still have the option to vote for the Protocol 20 upgrade. The foundation has expressed its willingness to collaborate with validators in setting a new vote date once the bug fix is released.
Collaborative Decision-Making Process
The SDF recognizes the importance of collaboration in decision-making on the Stellar network. With 43 validator nodes as of December 2023, each plays a crucial role in upgrades like Protocol 20. The foundation’s commitment to coordination demonstrates its collaborative approach.
Positive Community Response
The Stellar community has shown support for the SDF’s decision to delay the upgrade. Prominent member Stellar Skull acknowledges the minimal risk of the bug but commends the cautious approach taken by delaying the Soroban upgrade.
Market Stability for XLM
The market response, particularly for Stellar’s native token XLM, has remained stable. Despite the technical updates and delay in the upgrade, XLM’s market value has shown only slight fluctuations, with a market capitalization of around $3.29 billion at the time of writing.
Hot Take: Stellar Prioritizes Network Integrity with Delayed Protocol 20 Upgrade
The Stellar Development Foundation’s decision to postpone the Protocol 20 upgrade showcases its commitment to maintaining network integrity. By prioritizing bug fixes and collaborating with validators, the foundation ensures a gradual and thoughtful implementation process. The supportive response from the Stellar community further solidifies confidence in the platform. Although the delay may have caused anticipation, it demonstrates the proactive stance of the SDF towards network security and stability. As the bug is resolved and a new vote date is set, Stellar is poised for continued growth and success.
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