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Stellar Development Foundation Recommends Delaying Smart-Contracts Upgrade Due to Discovered Bug

The Stellar upgrade hiccup: finding response to the bug issue 

The Stellar Development Foundation, a key player in the blockchain realm, has hit a snag with the planned launch of its new smart-contracts feature, reminiscent of Ethereum's capabilities. The discovery of a bug in the Stellar Core v20.1.0 software on January 25 has prompted a reconsideration of the previously set January 30 upgrade deadline.

This delay, influenced by the bug's potential impact on the Stellar blockchain's new "Soroban" smart-contracts transactions, was not initially deemed high-risk. However, the Stellar Development Foundation opted for caution after substantial input from its robust developer community. The foundation plans to temporarily disable its validators from voting for the upgrade on the scheduled date, a decision reflecting the community's concerns and the foundation's commitment to network stability.

Despite the minor nature of the bug, this move highlights the collaborative and responsive nature of the Stellar ecosystem, prioritizing seamless functionality over rushed advancements.

The community's influence on delaying Stellar's upgrade

The Stellar Development Foundation's decision to pause the upgrade is a testament to the influence of its community. A representative informed CryptoStake that most tier-1 validators, including notable names like Satoshipay, Blockdaemon, and Lobstr, have aligned with the foundation's cautious approach, deciding to disarm their voting power for the upcoming upgrade.

Representative stated:

"Given current configurations, if less than five organizations vote for the upgrade, it won’t have sufficient quorum to be accepted,"

"In other words, it appears that the upgrade will be postponed."

This collective step back means that, as things stand, the upgrade lacks the quorum needed for implementation. This scenario underscores the democratic ethos at the heart of Stellar's governance, where decisions are swayed by community consensus rather than unilateral moves.

In the meantime, a fix for the identified bug is expected within the next two weeks. This delay, while cautious, provides an opportunity for further testing and ensures a more robust rollout of the smart-contracts feature. As one of the pioneering blockchains, Stellar's transition to include Ethereum-like programmability through smart contracts is a significant evolution, potentially reinvigorating interest in its native XLM tokens among traders and investors.