diff --git a/configure.ac b/configure.ac
index 2bf552a4..ada27424 100644
--- a/configure.ac
+++ b/configure.ac
@@ -7,7 +7,7 @@ AC_DEFUN([AC_PROG_CC], [m4_errprint(__file__:__line__[: Something is trying to u
 dnl Needed for AC_PATH_PROGS_FEATURE_CHECK which was added in 2.62
 AC_PREREQ([2.62])
 dnl Keep the version number in sync with main.h!
-AC_INIT([znc], [0.207])
+AC_INIT([znc], [1.0])
 AC_CONFIG_MACRO_DIR([m4])
 AC_CONFIG_SRCDIR([src/znc.cpp])
 AC_LANG([C++])
diff --git a/include/znc/version.h b/include/znc/version.h
index d1cbd758..97297aae 100644
--- a/include/znc/version.h
+++ b/include/znc/version.h
@@ -2,10 +2,10 @@
 #define _VERSION_H
 
 // The following defines are for #if comparison (preprocessor only likes ints)
-#define VERSION_MAJOR  0
-#define VERSION_MINOR  207
+#define VERSION_MAJOR  1
+#define VERSION_MINOR  0
 // This one is for display purpose
-#define VERSION        (VERSION_MAJOR + VERSION_MINOR / 1000.0)
+#define VERSION        (VERSION_MAJOR + VERSION_MINOR / 10.0)
 
 // You can add -DVERSION_EXTRA="stuff" to your CXXFLAGS!
 extern const char* ZNC_VERSION_EXTRA;
diff --git a/src/znc.cpp b/src/znc.cpp
index 7559aa9a..94697900 100644
--- a/src/znc.cpp
+++ b/src/znc.cpp
@@ -79,7 +79,7 @@ CZNC::~CZNC() {
 CString CZNC::GetVersion() {
 	char szBuf[128];
 
-	snprintf(szBuf, sizeof(szBuf), "%1.3f%s", VERSION, ZNC_VERSION_EXTRA);
+	snprintf(szBuf, sizeof(szBuf), "%1.1f%s", VERSION, ZNC_VERSION_EXTRA);
 	// If snprintf overflows (which I doubt), we want to be on the safe side
 	szBuf[sizeof(szBuf) - 1] = '\0';
 
@@ -94,7 +94,7 @@ CString CZNC::GetTag(bool bIncludeVersion, bool bHTML) {
 	}
 
 	char szBuf[128];
-	snprintf(szBuf, sizeof(szBuf), "ZNC %1.3f%s - ", VERSION, ZNC_VERSION_EXTRA);
+	snprintf(szBuf, sizeof(szBuf), "ZNC %1.1f%s - ", VERSION, ZNC_VERSION_EXTRA);
 	// If snprintf overflows (which I doubt), we want to be on the safe side
 	szBuf[sizeof(szBuf) - 1] = '\0';
 
@@ -422,7 +422,7 @@ bool CZNC::WriteConfig() {
 	config.AddKeyValuePair("MaxBufferSize", CString(m_uiMaxBufferSize));
 	config.AddKeyValuePair("SSLCertFile", CString(m_sSSLCertFile));
 	config.AddKeyValuePair("ProtectWebSessions", CString(m_bProtectWebSessions));
-	config.AddKeyValuePair("Version", CString(VERSION, 3));
+	config.AddKeyValuePair("Version", CString(VERSION, 1));
 
 	for (size_t l = 0; l < m_vpListeners.size(); l++) {
 		CListener* pListener = m_vpListeners[l];
@@ -535,7 +535,7 @@ bool CZNC::WriteNewConfig(const CString& sConfigFile) {
 	VCString vsLines;
 
 	vsLines.push_back(MakeConfigHeader());
-	vsLines.push_back("Version = " + CString(VERSION, 3));
+	vsLines.push_back("Version = " + CString(VERSION, 1));
 
 	m_sConfigFile = ExpandConfigPath(sConfigFile);
 	CUtils::PrintMessage("Building new config");
@@ -1083,7 +1083,7 @@ bool CZNC::DoRehash(CString& sError)
 			sSavedVersion = "< 0.203";
 		}
 		CUtils::PrintMessage("Found old config from ZNC " + sSavedVersion + ". Saving a backup of it.");
-		BackupConfigOnce("pre-" + CString(VERSION, 3));
+		BackupConfigOnce("pre-" + CString(VERSION, 1));
 	} else if (fSavedVersion > VERSION + 0.000001) {
 		CUtils::PrintError("Config was saved from ZNC " + sSavedVersion + ". It may or may not work with current ZNC " + GetVersion());
 	}