diff --git a/CHANGELOG.md b/CHANGELOG.md
index f2746b60a..f35ed9966 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,15 +4,38 @@
 
 BREAKING CHANGES
 
+* Revert to old go-wire for now
+* glide -> godep
+* [types] ErrBadNonce -> ErrInvalidSequence
+* [types] Replace tx.GetFeePayer with FeePayer(tx) - returns the first signer
+* [types] NewStdTx takes the Fee
+* [auth] AnteHandler deducts fees
+* [bank] Move some errors to `types`
+* [bank] Remove sequence and signature from Input
+
 FEATURES
 
-* [examples/basecoin] new cool module to demonstrate use of state and custom transactions
+* [examples/basecoin] New cool module to demonstrate use of state and custom transactions
+* [lcd] Implement the Light Client Daemon and endpoints
+* [types/stdlib] Queue functionality
+* [store] Subspace iterator on IAVLTree
+* [types] StdSignDoc is the document that gets signed (chainid, msg, sequence, fee)
+* [types] CodeInvalidPubKey
+* [types] StdFee, and StdTx takes the StdFee
+* [specs] Progression of MVPs for IBC
+* [x/ibc] Initial shell of IBC functionality (no proofs)
 
 IMPROVEMENTS
 
-* [client] refactor to now include more standard code
+* Lots more tests!
+* [client/builder] Helpers for forming and signing transactions 
+* [types] sdk.Address
+* [specs] Staking
 
 BUG FIXES
+* [auth] Fix setting pubkey on new account
+* [auth] Require signatures to include the sequences
+* [baseapp] Dont panic on nil handler
 
 ## 0.11.0 (March 1, 2017)
 
diff --git a/version/version.go b/version/version.go
index db92f3e43..6cbe2c4bb 100644
--- a/version/version.go
+++ b/version/version.go
@@ -6,10 +6,10 @@ package version
 // TODO improve
 
 const Maj = "0"
-const Min = "11"
-const Fix = "1"
+const Min = "12"
+const Fix = "0"
 
-const Version = "0.11.1-dev"
+const Version = "0.12.0-dev"
 
 // GitCommit set by build flags
 var GitCommit = ""