diff --git a/Makefile.am b/Makefile.am
index ab09025..863611e 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -38,7 +38,7 @@ endif
 # - oldprog+newlib and newprog+oldlib are both okay => +0:+1:+0
 # - oldprog+newlib is okay, but newprog+oldlib won't work => +1:=0:+1
 # - oldprog+newlib won't work => +1:=0:=0
-libbech32_la_LDFLAGS = -no-undefined -version-info 0:0:0
+libbech32_la_LDFLAGS = -no-undefined -version-info 1:0:1
 
 bin_PROGRAMS = bech32
 bech32_SOURCES = bech32.c
diff --git a/configure.ac b/configure.ac
index 6c3d8b2..5facdd2 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,5 +1,5 @@
 m4_define([version_major], [1])
-m4_define([version_minor], [0])
+m4_define([version_minor], [1])
 
 AC_INIT([libbech32], m4_join([.], [version_major], [version_minor]))
 AC_CONFIG_AUX_DIR([build-aux])