timeline

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trunk series Focus of Development
Latest milestones: 8.0
Bugs targeted: 2 New, 1 Incomplete (with response), 2 Opinion, 12 Invalid, 4 Won't Fix, 12 Confirmed, 2 Fix Committed, 70 Fix Released
Blueprints targeted: 15 Unknown, 2 Not started, 2 Started, 3 Needs Code Review, 2 Deployment, 1 Implemented

The "trunk" series represents the primary line of development rather than a stable release branch. This is sometimes also called MAIN or HEAD.

8.0 series Active Development
Bugs targeted: None
Blueprints targeted: None

FOR TRANSLATIONS ONLY!

The actual source code is hosted on GitHub at https://github.com/odoo/odoo

7.0-ocb series Active Development
Bugs targeted: None
Blueprints targeted: None

The community backports series corresponding to the 7.0 server series. It may be ahead of the official 7.0 series by a few bugfixes (not yet verified/merged in the official series). Use in production only if you know exactly what you are doing.

7.0 series Current Stable Release
Latest milestones: 7.0     Latest releases: 7.0
Bugs targeted: 2 Incomplete (without response), 1 Won't Fix, 4 Confirmed, 1 In Progress, 1 Fix Committed, 55 Fix Released
Blueprints targeted: None

Latest stable version (Long Term Support), released on December 21, 2012

6.1 series Supported
Latest milestones: 6.1
Bugs targeted: 2 New, 1 Incomplete (without response), 2 Invalid, 1 Won't Fix, 9 Confirmed, 1 Triaged, 2 Fix Committed, 75 Fix Released
Blueprints targeted: 1 Implemented

Stable version, released early 2012

6.0 series Supported
Latest milestones: 6.0.4, 6.0.3, 6.0.1     Latest releases: 6.0.4, 6.0.3, 6.0.2, 6.0.1, 6.0, 6.0-rc2, 6.0-rc1
Bugs targeted: 6 New, 2 Incomplete (without response), 1 Opinion, 24 Invalid, 4 Won't Fix, 5 Confirmed, 2 In Progress, 1 Fix Committed, 246 Fix Released
Blueprints targeted: 2 Unknown, 3 Needs Code Review, 1 Implemented

6.0 LTS stable series, released early 2011

5.0 series Supported
Latest milestones: 5.0.16, 5.0.15, 5.0.13, 5.0.12, 5.0.11, 5.0.10     Latest releases: 5.0.16, 6.0.0, 5.0.2-0, 5.0.1-0, 5.0.0-3, 5.0.0-2, 5.0.0-1, 5.0.15, 5.0.14, 5.0.13, 5.0.12, 5.0.11
Bugs targeted: 2 New, 2 Incomplete (with response), 1 Opinion, 42 Invalid, 20 Won't Fix, 6 Confirmed, 1 Triaged, 95 Fix Released
Blueprints targeted: 1 Implemented

Stable version 2009.

4.2 series Obsolete
Blueprints targeted: None

Stable version of 2008.

18 of 8 results