Urgent Alert for Tezos Operators: Upgrade to Octez v20.1 Now to Fix Critical Smart Rollups Bug

• Nomadic Labs has issued an urgent notification for all operators within the Tezos ecosystem.
• The organization has detected and resolved a notable bug in the Smart Rollups feature, necessitating an immediate upgrade.
• “The security of Tezos mainnet and Etherlink remains intact, but prompt action is required to address fund withdrawal issues,” stated Nomadic Labs.

Tezos node operators and bakers must upgrade to Octez v20.1 due to a critical bugfix in the Smart Rollups feature, ensuring network stability and functionality.

Critical Update: Immediate Upgrade to Octez v20.1 Required

Nomadic Labs, a prominent research organization in the Tezos ecosystem, has identified a critical flaw in the Smart Rollups feature and has released an urgent update, Octez v20.1, to address this issue. While the security of the Tezos mainnet and Etherlink platform remains uncompromised, the bug could impact the withdrawal process from Etherlink to Tezos’ layer 1, necessitating immediate attention and action from all network operators.

Details of the Octez v20.1 Upgrade

The required fix has been incorporated into the ParisC protocol and is available in the Octez v20.1 upgrade. This update, set for activation through a user-activated upgrade (UAU) at block 5,898,241, is critical for maintaining the integrity and seamless operation of the Tezos network. Operators are urged to implement this upgrade promptly to mitigate any potential disruptions.

Why Immediate Action is Crucial

Given the urgency underscored by the rapid approach of the UAU activation date, it is imperative for all Tezos bakers and node operators to execute the upgrade immediately. Delaying could result in operational disruptions and affect the network’s stability. By swiftly upgrading to Octez v20.1, operators will contribute to the continued robustness and reliability of the Tezos ecosystem, safeguarding its functionality against the identified bug.

Conclusion

In summary, Nomadic Labs’ quick identification and resolution of the bug through the Octez v20.1 upgrade highlight the importance of prompt action to maintain network integrity. Tezos node operators and bakers must upgrade without delay to ensure a seamless transition and continuous network functionality. This proactive step will secure the stability and reliability of the Tezos ecosystem, protecting user operations and assets.