diff --git a/Cargo.lock b/Cargo.lock
index 340b0619..3988daca 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3065,7 +3065,7 @@ dependencies = [
 [[package]]
 name = "hotshot"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-broadcast",
@@ -3112,7 +3112,7 @@ dependencies = [
 [[package]]
 name = "hotshot-builder-api"
 version = "0.1.7"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "async-trait",
  "clap",
@@ -3131,7 +3131,7 @@ dependencies = [
 [[package]]
 name = "hotshot-example-types"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-broadcast",
@@ -3164,7 +3164,7 @@ dependencies = [
 [[package]]
 name = "hotshot-fakeapi"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-lock 2.8.0",
@@ -3183,7 +3183,7 @@ dependencies = [
 [[package]]
 name = "hotshot-macros"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "derive_builder",
  "proc-macro2",
@@ -3194,7 +3194,7 @@ dependencies = [
 [[package]]
 name = "hotshot-orchestrator"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-compatibility-layer",
@@ -3283,7 +3283,7 @@ dependencies = [
 [[package]]
 name = "hotshot-task"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-broadcast",
@@ -3298,7 +3298,7 @@ dependencies = [
 [[package]]
 name = "hotshot-task-impls"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-broadcast",
@@ -3335,7 +3335,7 @@ dependencies = [
 [[package]]
 name = "hotshot-testing"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-broadcast",
@@ -3381,7 +3381,7 @@ dependencies = [
 [[package]]
 name = "hotshot-types"
 version = "0.1.11"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "ark-bn254",
@@ -4444,7 +4444,7 @@ dependencies = [
 [[package]]
 name = "libp2p-networking"
 version = "0.5.73"
-source = "git+https://github.com/EspressoSystems/HotShot.git?tag=0.5.73#92dfe8406567bba5d1e553df95807f680790fce0"
+source = "git+https://github.com/EspressoSystems/HotShot.git?tag=rc-0.5.74#f532baa295b2230969cbd5fb0b78e8930bf0a03b"
 dependencies = [
  "anyhow",
  "async-compatibility-layer",
diff --git a/Cargo.toml b/Cargo.toml
index c535755f..45b7cbe4 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -75,9 +75,9 @@ derivative = "2.2"
 derive_more = "0.99"
 either = "1.12"
 futures = "0.3"
-hotshot = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "0.5.73" }
-hotshot-testing = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "0.5.73" }
-hotshot-types = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "0.5.73" }
+hotshot = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "rc-0.5.74" }
+hotshot-testing = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "rc-0.5.74" }
+hotshot-types = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "rc-0.5.74" }
 itertools = "0.12.1"
 jf-merkle-tree = { version = "0.1.0", git = "https://github.com/EspressoSystems/jellyfish", tag = "0.4.5", features = [
 	"std",
@@ -119,7 +119,7 @@ tokio-postgres = { version = "0.7", optional = true, default-features = false, f
 
 # Dependencies enabled by feature "testing".
 espresso-macros = { git = "https://github.com/EspressoSystems/espresso-macros.git", tag = "0.1.0", optional = true }
-hotshot-example-types = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "0.5.73", optional = true }
+hotshot-example-types = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "rc-0.5.74", optional = true }
 portpicker = { version = "0.1", optional = true }
 rand = { version = "0.8", optional = true }
 spin_sleep = { version = "1.2", optional = true }
@@ -140,7 +140,7 @@ backtrace-on-stack-overflow = { version = "0.3", optional = true }
 clap = { version = "4.5", features = ["derive", "env"] }
 espresso-macros = { git = "https://github.com/EspressoSystems/espresso-macros.git", tag = "0.1.0" }
 generic-array = "0.14"
-hotshot-example-types = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "0.5.73" }
+hotshot-example-types = { git = "https://github.com/EspressoSystems/HotShot.git", tag = "rc-0.5.74" }
 portpicker = "0.1"
 rand = "0.8"
 reqwest = "0.12.3"