diff --git a/CHANGELOG.md b/CHANGELOG.md
index af827b21..2a43a4d1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -26,6 +26,24 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 - in case of vulnerabilities.
 -->
 
+## [0.4.7] - 2022-11-20
+
+### Added
+
+- Dropped outbound peerings will now try to reconnect after a single second, rather than waiting up to 60 seconds for the normal peer timer
+
+### Changed
+
+- Session encryption keys are now rotated at most once per minute, which reduces CPU usage and improves throughput on fast low latency links
+- Buffers are now reused in the session encryption handler, which improves session throughput and reduces memory allocations
+- Buffers are now reused in the router for DHT and path traffic, which improves overall routing throughput and reduces memory allocations
+
+### Fixed
+
+- A bug in the admin socket where requests fail unless `arguments` is specified has been fixed
+- Certificates on TLS listeners will no longer expire after a year
+- The `-address` and `-subnet` command line options now return a useful warning when no configuration is specified
+
 ## [0.4.6] - 2022-10-25
 
 ### Added
diff --git a/go.mod b/go.mod
index d5b96a97..ea561fac 100644
--- a/go.mod
+++ b/go.mod
@@ -3,7 +3,7 @@ module github.com/yggdrasil-network/yggdrasil-go
 go 1.17
 
 require (
-	github.com/Arceliar/ironwood v0.0.0-20221112165445-bf5f12ab2b26
+	github.com/Arceliar/ironwood v0.0.0-20221115123222-ec61cea2f439
 	github.com/Arceliar/phony v0.0.0-20210209235338-dde1a8dca979
 	github.com/cheggaaa/pb/v3 v3.0.8
 	github.com/gologme/log v1.2.0
diff --git a/go.sum b/go.sum
index 362f77cc..59695201 100644
--- a/go.sum
+++ b/go.sum
@@ -1,5 +1,5 @@
-github.com/Arceliar/ironwood v0.0.0-20221112165445-bf5f12ab2b26 h1:RJIZ+FIOx4v3SYaR236RwmBOyK6FJNA/+6Sq1CCf9M4=
-github.com/Arceliar/ironwood v0.0.0-20221112165445-bf5f12ab2b26/go.mod h1:RP72rucOFm5udrnEzTmIWLRVGQiV/fSUAQXJ0RST/nk=
+github.com/Arceliar/ironwood v0.0.0-20221115123222-ec61cea2f439 h1:eOW6/XIs06TnUn9GPCnfv71CQZw8edP3u3mH3lZt6iM=
+github.com/Arceliar/ironwood v0.0.0-20221115123222-ec61cea2f439/go.mod h1:RP72rucOFm5udrnEzTmIWLRVGQiV/fSUAQXJ0RST/nk=
 github.com/Arceliar/phony v0.0.0-20210209235338-dde1a8dca979 h1:WndgpSW13S32VLQ3ugUxx2EnnWmgba1kCqPkd4Gk1yQ=
 github.com/Arceliar/phony v0.0.0-20210209235338-dde1a8dca979/go.mod h1:6Lkn+/zJilRMsKmbmG1RPoamiArC6HS73xbwRyp3UyI=
 github.com/BurntSushi/xgb v0.0.0-20160522181843-27f122750802/go.mod h1:IVnqGOEym/WlBOVXweHU+Q+/VP0lqqI8lqeDx9IjBqo=