Each new version of jenkins.war is released by the process described here.
Occasionally we do releases out of this cycle by necessity, but these are the basics. Because of this, there can be maximum of up to 12 days before a change in the master branch becomes available in a release.
We also started producing another release line that lags behind in terms of new features, but provides more stability and a slower update cycle, called LTS Release Line
See this thread for the discussion leading up to this process.
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