Starting with 27.x, Node.js will move from two major releases per year to one. This post explains what's changing, why, and what it means for users. For the full discussion and background, see nodejs/Release#1113 .
TL;DR: If you already only upgrade to LTS versions, little changes beyond version numbering. LTS support windows remain similar, and now every release becomes LTS.
Library authors: Please integrate Alpha releases to your CI as early as possible; if you only test on LTS releases, you will not be able to report bugs before they affect your users.
The current release schedule is 10 years old. It was created during the io.js merger to balance the needs of a growing ecosystem.
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