diff --git a/RELEASE.md b/RELEASE.md
index ee58aca7a..b78f51970 100644
--- a/RELEASE.md
+++ b/RELEASE.md
@@ -2,6 +2,7 @@
 
 ## Steps
 
+* Update config version in [config/defaults.go](https://github.com/rollkit/rollkit/blob/main/config/defaults.go)
 * Release new Rollkit version
 * Update [Rollkit/Cosmos-SDK](https://github.com/rollkit/cosmos-sdk) with the newly released Rollkit version
 * Release new Rollkit/Cosmos-SDK version
diff --git a/config/defaults.go b/config/defaults.go
index 3fcb4333c..72e0366c3 100644
--- a/config/defaults.go
+++ b/config/defaults.go
@@ -9,8 +9,9 @@ import (
 const (
 	// DefaultListenAddress is a default listen address for P2P client.
 	DefaultListenAddress = "/ip4/0.0.0.0/tcp/7676"
-	// Version is the current rollkit version and is used for checking RPC compatibility??
-	Version = "0.4.0"
+	// Version is the current rollkit version
+	// Please keep updated with each new release
+	Version = "0.12.0"
 )
 
 // DefaultNodeConfig keeps default values of NodeConfig