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Keep track of changes and updates for Formance Stack v3.x
September 30, 2025

Version: v3.1

ComponentVersion
ledgerv2.3
paymentsv3.0
walletsv2.1
orchestrationv2.1
reconciliationv2.1

Ledger

Ledger Service Process Separation

The ledger service has been split into two separate processes for improved performance. The existing ledger serve command now handles only HTTP requests, while a new ledger worker command manages all stateful operations like block hashing and log exports.

First Usage Filtering

Added a new first-usage filter to the /volumes endpoint, allowing you to filter volumes based on when they were first used.

Optional Asynchronous Log Hashing

Added configurable async hash computation to improve ledger throughput. You can now choose between synchronous hashing (maximum tamper-proof security) and asynchronous block-based hashing (better performance with reduced attack window). This addresses the sequential bottleneck in hash chain computation while maintaining audit trail integrity.

JSON transactions support for bulk streams

Bulk streams now support JSON transactions in addition to the existing Numscript format. The endpoint now accepts application/json content type for bulk operations.

Pagination improvements

Introduced a new sort query parameter to multiple list endpoints in the Ledger, allowing clients to specify sorting by field and order. It also adds support for paginating and sorting on additional fields, such as first_usage for accounts and date/id for logs and transactions. The account schema is updated to expose a new firstUsage timestamp field.

Additional metadata support for transaction reverts

The POST /api/ledger/v2/{ledgerID}/transactions/{transactionID}/revert endpoint now accepts optional user-provided metadata in the request. This allows for enhanced traceability and custom business logic while preserving the automatically-added com.formance.spec/state/reverts metadata that identifies the original transaction being reverted.

Big Integer String Serialization

Added a new rendering layer that allows big integers to be serialized as strings in API responses when requested via an HTTP header, providing better compatibility with clients that cannot handle large numeric values.

Log exporting system for real-time streaming

Introduced a comprehensive log exporter system for real-time streaming of ledger transaction logs to external systems. The system includes configurable exporters (Elasticsearch, HTTP, ClickHouse, stdout), pipelines that connect ledgers to exporters with reliable state tracking, and APIs for pipeline management via /v2/{ledger}/pipelines and direct export via /v2/{ledger}/logs/export. Features include automatic retry logic, configurable batching, and persistent state to prevent data loss.

Removed experimental features for data isolation

Experimental data isolation features  INDEX_ADDRESS_SEGMENTS and INDEX_TRANSACTION_ACCOUNTS are no longer supported and have been removed.
February 10, 2025

Version: v3.0

ComponentVersion
ledgerv2.2
paymentsv3.0
walletsv2.1
orchestrationv2.1
reconciliationv2.1

Ledger

Stateless Ledger Service

The Ledger service is now fully stateless and can operate with multiple replicas without requiring nodes synchronization.

Zero-Downtime Upgrades

Upgrades between versions now occur with zero downtime, ensuring a seamless transition and uninterrupted service.

New Numscript Interpreter

The new numscript interpreter is now available in experimental mode (numscript used to be bundled in the ledger, but is now a separate, standalone library: https://github.com/formancehq/numscript

Configurable Feature Disabling at the Bucket Level

You can now disable specific features on a per-ledger basis at the bucket level, allowing for better optimization based on your usage patterns.

Enhanced Write Performance

Significant improvements have been made to write operations, resulting in a higher throughput of transactions per second.

Improved Read Performance

Most endpoints have been optimized for faster read operations, leading to a more responsive system overall.

Enhanced _bulk Endpoint

The _bulk endpoint now supports streaming, parallel processing, and atomic execution, providing greater flexibility and control over bulk processing, optimizing for performance, consistency, and reliability. For details, refer to Bulk processing.

Payments

New dependency: Temporal

Temporal is now required to deploy the Payments service.

New V3 API improvements

New task endpointAdded an endpoint to fetch a task, which represents a background user operation. Once completed, the task will have a status of either “failed” or “successful.” If successful, the ID of any created object can be retrieved from the task.For connector uninstallation, payment initiation, and bank account creation, HTTP code 202 and a taskID are returned. The operations run in the background, and you can monitor their status and retrieve relevant IDs (e.g., payment or account ID) upon success by polling the task.
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