Node.js v7 has been released, featuring 98% coverage of EcmaScript 6 language features, improved performance and stability, and a new experimental URL parser based on the WHATWG standard. The release follows a strict defined schedule, with even-numbered releases entering long-term support (LTS) for 18 months and odd-numbered releases following six months later. Node.js v7 includes breaking changes, but also offers a developer-friendly deprecation strategy, making it easier to upgrade to new versions. The new URL parser is highly experimental and not included in the documentation, but its implementation is relatively quick, having been proposed in June and landed four months later. Additionally, Node.js v7 improves on promise handling, providing more informative error messages and better guidance on how to handle unhandled promise rejections.