#CFX While the issue is minor, after receiving feedback from the developer community, Stellar is proposing to postpone the smart contract upgrade.

According to last week's announcement, the Stellar Development Foundation (SDF) - the organization behind the Stellar blockchain development - discovered a vulnerability in the Stellar Core software v20.1.0 on January 25th. In theory, this flaw could impact applications and services on the new "Soroban" smart contract transactions post-upgrade.

While SDF believes the vulnerability appears to be low-risk, following strong feedback from the developer community, Stellar plans to reschedule the network upgrade after January 30th. A representative from the Stellar Development Foundation stated:

With the current situation, if less than 5 organizations vote for the upgrade, it seems that the upgrade will be postponed.

The platform will proceed to patch the bug in the next two weeks. In the event of a rescheduled upgrade, SDF will conduct a vote again for the deployment timeframe in the future.

#Stellar is one of the oldest blockchains, known as a fork of Ripple in 2014. The project is currently undergoing upgrades to add programming capabilities and smart contracts similar to #Ethereum .

This upgrade is also expected to bring a new look to Stellar's native token, $XLM .

Chart of #XLM

The 1-week chart of the XLM/USDT pair on #tradingview at 08:08 AM on January 29, 2024.

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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