People keep asking me : "Silent, why don't you update the server to 1.8"?. The short answer is that there is a massive shitstorm surrounding craftbukkit and a lot of developers quit. For those who don't know, craftbukkit is needed to run all of the plugins we currently have.
When will there be a new craftbukkit? I have no idea but I would imagine it would take months if it is actually true that someone is actually going to create a version for 1.8 . But hey, I will try to compensate by installing more cool plugins.
So for now we are running minecraft 1.7.10 , if you have updated you client then here is a guide on how to downgrade: