diff --git a/CMakeLists.txt b/CMakeLists.txt
index 36be61d4630441e721e2bd857fded46a60cba01b..f4642b91d112bea22a8334a3622c149112cec678 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,7 +1,7 @@
 cmake_minimum_required (VERSION 3.1)
 project (opendht)
 set (opendht_VERSION_MAJOR 1)
-set (opendht_VERSION_MINOR 7.3)
+set (opendht_VERSION_MINOR 7.4)
 set (opendht_VERSION ${opendht_VERSION_MAJOR}.${opendht_VERSION_MINOR})
 set (PACKAGE_VERSION ${opendht_VERSION})
 set (VERSION "${opendht_VERSION}")
diff --git a/configure.ac b/configure.ac
index e2a2d3ca0606ffdf84799c0defa0593f393dfa79..a669b10305a8d44333a99055cfc7c04fbf251c0f 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,7 +1,7 @@
 dnl define macros
 m4_define([opendht_major_version], 1)
 m4_define([opendht_minor_version], 7)
-m4_define([opendht_patch_version], 3)
+m4_define([opendht_patch_version], 4)
 m4_define([opendht_version],
 		  [opendht_major_version.opendht_minor_version.opendht_patch_version])