Online marketers who have built their businesses on Magento version 1.X can attest to the reliability, scalability, and efficiency of this e-commerce platform.

After all, they would not have been able to list products and manage orders, as well as payments in their online stores and various marketplaces, such as Amazon and eBay, from a single screen had it not been for the extensive features of Magento 1.

So when word got out that version one would stop receiving support and updates, many vendors panicked.

It’s good that Magento quickly intervened to prevent such baseless information from demoralizing their customers.

Continued support for Magento 1

Contrary to rumors, Magento has no plans to end support for version 1.X anytime soon and force its users to upgrade to Magento 2.

They made that very clear in a blog post they posted on their official blog last month.

If your online store is still firmly anchored to Magento 1, rest and continue with your daily activities, as it will take 18 more months before the implementation of the new Magento support system.

That means version 1 will continue to receive security updates until Magento has formally announced its new support rules.

Here is an excerpt from the blog post by Jason Woosley, Senior Vice President of Product and Technology at Magento:

“Magento stands behind our customers and will never leave a customer behind; you can be sure that we stand behind you at all times. Magento 1 has been and will continue to be supported for the foreseeable future. We have no intention of denying access to our software world class and know that your business relies on Magento to drive growth and brand differentiation. “

Are you ready for Magento 2?

While making sure it encourages Magento 1 users, Woosley found an opening in his article to push his company’s new flagship product, Magento 2, which was warned against updating due to its untimely release in 2015.

Woosley wrote that version 2 has the ability to improve the performance of a website, give it better visibility and business results.

There is no doubt that Magento 2 will be the most in-demand ecommerce platform over time, which could be around three years from now.

However, unless the security bug detected by DefenseCode and other undocumented features in version 2 have been successfully fixed, we think version one users will delay the migration a bit longer.

What are your thoughts on the extended life of Magento 1 and its successor?