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Stellar Foundation Postpones Smart-Contracts Upgrade

Twitter icon  •  Published vor 2 Monaten  •  Hassan Maishera

The Stellar Organization announced via X on Wednesday that it has officially postponed the planned upgrade of the Stellar Mainnet to Protocol 20.

The Stellar Organization announced via X on Wednesday that it has officially postponed the planned upgrade of the Stellar Mainnet to Protocol 20. The upgrade was delayed due to the presence of a bug in the network.

With the vote postponed, the focus turns to preparing for a new vote, starting with deploying a new version of Stellar Core on February 2, the team added. A fix for the bug is set to be available within two weeks.

Stellar is an open-source network with the mission to "create equitable access to the global financial system." Stellar is maintained by the Stellar Development Foundation, a non-profit organization established in 2014. XLM is down by 3% in the last 24 hours and is now trading at $0.1102 per coin.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.