diff --git a/README.md b/README.md
index c42618fa0..74fdf934b 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,4 @@
-Zcash 4.7.0
+Zcash 5.0.0-rc1
 <img align="right" width="120" height="80" src="doc/imgs/logo.png">
 ===========
 
diff --git a/configure.ac b/configure.ac
index f7b1821a1..15117d4a5 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,9 +1,9 @@
 dnl require autoconf 2.60 (AS_ECHO/AS_ECHO_N)
 AC_PREREQ([2.60])
-define(_CLIENT_VERSION_MAJOR, 4)
-define(_CLIENT_VERSION_MINOR, 7)
+define(_CLIENT_VERSION_MAJOR, 5)
+define(_CLIENT_VERSION_MINOR, 0)
 define(_CLIENT_VERSION_REVISION, 0)
-define(_CLIENT_VERSION_BUILD, 50)
+define(_CLIENT_VERSION_BUILD, 25)
 define(_ZC_BUILD_VAL, m4_if(m4_eval(_CLIENT_VERSION_BUILD < 25), 1, m4_incr(_CLIENT_VERSION_BUILD), m4_eval(_CLIENT_VERSION_BUILD < 50), 1, m4_eval(_CLIENT_VERSION_BUILD - 24), m4_eval(_CLIENT_VERSION_BUILD == 50), 1, , m4_eval(_CLIENT_VERSION_BUILD - 50)))
 define(_CLIENT_VERSION_SUFFIX, m4_if(m4_eval(_CLIENT_VERSION_BUILD < 25), 1, _CLIENT_VERSION_REVISION-beta$1, m4_eval(_CLIENT_VERSION_BUILD < 50), 1, _CLIENT_VERSION_REVISION-rc$1, m4_eval(_CLIENT_VERSION_BUILD == 50), 1, _CLIENT_VERSION_REVISION, _CLIENT_VERSION_REVISION-$1)))
 define(_CLIENT_VERSION_IS_RELEASE, true)
diff --git a/contrib/gitian-descriptors/gitian-linux.yml b/contrib/gitian-descriptors/gitian-linux.yml
index a75184caa..679d4de9a 100644
--- a/contrib/gitian-descriptors/gitian-linux.yml
+++ b/contrib/gitian-descriptors/gitian-linux.yml
@@ -1,5 +1,5 @@
 ---
-name: "zcash-4.7.0"
+name: "zcash-5.0.0-rc1"
 enable_cache: true
 distro: "debian"
 suites:
diff --git a/src/clientversion.h b/src/clientversion.h
index 651cccc92..5f03033f2 100644
--- a/src/clientversion.h
+++ b/src/clientversion.h
@@ -15,10 +15,10 @@
  */
 
 //! These need to be macros, as clientversion.cpp's and bitcoin*-res.rc's voodoo requires it
-#define CLIENT_VERSION_MAJOR 4
-#define CLIENT_VERSION_MINOR 7
+#define CLIENT_VERSION_MAJOR 5
+#define CLIENT_VERSION_MINOR 0
 #define CLIENT_VERSION_REVISION 0
-#define CLIENT_VERSION_BUILD 50
+#define CLIENT_VERSION_BUILD 25
 
 //! Set to true for release, false for prerelease or test build
 #define CLIENT_VERSION_IS_RELEASE true
diff --git a/src/deprecation.h b/src/deprecation.h
index c72837c7d..08f123dc2 100644
--- a/src/deprecation.h
+++ b/src/deprecation.h
@@ -10,7 +10,7 @@
 // Per https://zips.z.cash/zip-0200
 // Shut down nodes running this version of code, 16 weeks' worth of blocks after the estimated
 // release block height. A warning is shown during the 14 days' worth of blocks prior to shut down.
-static const int APPROX_RELEASE_HEIGHT = 1540976;
+static const int APPROX_RELEASE_HEIGHT = 1661960;
 static const int RELEASE_TO_DEPRECATION_WEEKS = 2;
 static const int EXPECTED_BLOCKS_PER_HOUR = 3600 / Consensus::POST_BLOSSOM_POW_TARGET_SPACING;
 static_assert(EXPECTED_BLOCKS_PER_HOUR == 48, "The value of Consensus::POST_BLOSSOM_POW_TARGET_SPACING was chosen such that this assertion holds.");