Stellar Development Foundation Postpones Smart Contract Upgrade Due to Bug

The Stellar Development Foundation requests a delay in the smart contract upgrade on the Stellar network, after discovering a low-risk bug in Stellar Core.

Stellar foundation advises postponing Protocol 20 upgrade due to bug finding.

The Stellar Development Foundation (SDF) has announced the postponement of its smart contract upgrade on the Stellar blockchain. The upgrade was originally scheduled for the end of the month but has been delayed due to the discovery of a bug in Stellar Core v20.1.0.

In a blog post on January 27, the SDF explained the decision, stating, “We’ve decided to disarm our validators in support of postponing the Protocol 20 vote on Jan. 30 until after a bug fix.” According to the foundation, the bug, which was discovered on January 25, poses “little risk” but has the potential to impact various applications. The SDF assured users that a fix is already being developed and will be available within two weeks.

Despite the delay, the SDF emphasized that they alone do not have the authority to decide whether or not to upgrade the network. Non-SDF validators on Stellar may still choose to vote in favor of the Protocol 20 upgrade on January 30. In the event that validators opt to postpone the upgrade, all parties will coordinate to determine a future vote date once a new version of Stellar Core with the bug fix is released.

Regardless of the outcome, the SDF is committed to resolving the bug and engaging in discussions with other validators through public and private channels. Stellarbeat.io reported that a quorum of voting validators is required for the Protocol 20 upgrade to pass, and as of December 2023, there were already 43 validator nodes.

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The Bug and Soroban

The bug in question occurs when a “Soroban” transaction request is made but results in a refund and fee-bump. The current code fails to send the refund to the fee-bump’s source account, as it should. The SDF provided further details in a GitHub post on January 25.

Soroban is a smart contract platform that was launched on a Stellar testnet in October 2022. To attract developers to the platform, SDF also introduced a $100 million fund in the same month.

Tyler van der Hoeven, one of Stellar’s core developers, mentioned in a recent X post that Protocol 20 will involve a “phased rollout”. However, the duration of the rollout process for a full implementation of Soroban smart contracts on Stellar was not specified.

Stellar: The Oldest Blockchain Project

Stellar is one of the oldest blockchain projects and is primarily focused on payments and asset tokenization. Its native token, XLM, currently boasts a market cap of $3.2 billion. With its dedication to innovation and frequent updates, Stellar continues to solidify its position in the blockchain technology industry.

Q&A Section

Q: What is the significance of the smart contract upgrade on the Stellar blockchain?

A: The smart contract upgrade on the Stellar blockchain aims to enhance the capabilities of the network by introducing new features and functionalities. Smart contracts allow for the creation of self-executing contracts with predefined rules and conditions, providing a secure and automated way of conducting transactions and agreements.

Q: What impact does the bug have on the Stellar network?

A: Although the bug poses little risk, it has the potential to affect various applications built on the Stellar blockchain. The bug specifically pertains to the handling of “Soroban” transaction requests, resulting in a refund and fee-bump issue. The bug fix is currently being developed and is expected to be implemented within two weeks.

Q: How does the postponement of the smart contract upgrade affect users and validators?

A: The decision to postpone the upgrade does not solely rest with the Stellar Development Foundation (SDF). Non-SDF validators on the Stellar network may still choose to proceed with the Protocol 20 upgrade on January 30. If the upgrade is postponed, all parties will coordinate to establish a new vote date once a bug-free version of Stellar Core is released.

Future Outlook and Recommendations

Looking ahead, the postponement of the smart contract upgrade on the Stellar blockchain emphasizes the importance of thorough testing and bug detection in blockchain development. While delays can be frustrating, they ultimately contribute to the stability and security of the network.

As the Stellar ecosystem continues to evolve, it is crucial for developers and participants to stay informed about the latest updates and advancements. Following the resolution of the bug, the Protocol 20 upgrade will pave the way for the full implementation of Soroban smart contracts, expanding the potential use cases and opportunities within the Stellar ecosystem.

To capitalize on the potential growth of the Stellar blockchain, individuals and organizations may consider exploring opportunities for investment and collaboration. By staying updated and engaging with the Stellar community, investors and developers can gain a competitive advantage and actively contribute to the development and success of the network.

References

1. Stellar Development Foundation Blog Post
2. Stellar on Twitter
3. Stellar GitHub Post
4. Stellarbeat.io
5. Stellar-Related Article 1
6. Stellar-Related Article 2
7. Stellar-Related Article 3
8. Stellar-Related Article 4

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