diff --git a/gradle.properties b/gradle.properties
index 19e806c1ce3..554b748a35f 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,4 +1,4 @@
-mod_version=1.24.1
+mod_version=1.24.2
 minecraft_version=1.20.1
 forge_version=47.0.1
 cyclopscore_version=1.18.4-340
diff --git a/resources/changelog/1.20.1-1.24.2.txt b/resources/changelog/1.20.1-1.24.2.txt
new file mode 100644
index 00000000000..4be099c44bc
--- /dev/null
+++ b/resources/changelog/1.20.1-1.24.2.txt
@@ -0,0 +1,6 @@
+As always, don't forget to backup your world before updating!
+Requires CyclopsCore version 1.18.4 or higher.
+
+Fixes:
+* Reduce number of network events during init to improve performance, #1439
+  Modifying very large networks is a lot faster now.