Tezos Alert: Urgent Upgrade Required to Fix Critical Bug

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Tezos Alert: Urgent Upgrade Required to Fix Critical Bug
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Nomadic Labs has issued urgent alert for Tezos node operators and bakers to upgrade to fix critical bug

for all Tezos node operators and bakers. The organization has identified and resolved a significant bug in the Smart Rollups feature, necessitating an immediate upgrade to the newly released Octez v20.1.As reported, this bug does not impact the security of the Tezos mainnet or the Etherlink platform, assuring users that their assets remain safe. However, it does affect the process of withdrawing funds from Etherlink to Tezos' layer 1.

The bugfix was encapsulated in the ParisC protocol, which is included in the Octez v20.1 upgrade. This upgrade will be activated through a user-activated upgrade at block 5,898,241, anticipated to occur in a week.We found and fixed a critical bug in Smart Rollups. There is no impact on Tezos mainnet and Etherlink's security – your assets are safe.bakers and node operators to upgrade to Octez v20.1 without delay.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

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