The next release of the Elementary OS distribution will be version 0.4 and codenamed Loki, it will be based on the Ubuntu 16.04 LTS operating system.
The announcement on Elementary’s Blog read:
With the recent release of Ubuntu 16.04, the inevitable flood of “When is Loki coming?” posts have begun pouring in. So here we are to help answer the question that some of you know the answer to already, “When it’s ready ;)”. But what exactly does that mean? How do we (and you) know when the 4th major release of elementary OS, code named Loki, will be ready to use?
and then another part of the announcement read:
Currently, elementary OS releases are built using the Ubuntu package repositories (repos). At the beginning of the cycle, we choose a target repo to work from. For Loki, that repo is Ubuntu 16.04. We set up a daily repo where we build our source code against that Ubuntu repo. Sometimes things build straight away and sometimes builds fail because of things like API breaks. We find the causes of the build failures and update our source code until everything compiles.
A beta version of Elementary OS 0.4 is in the works, and it will be coming soon with big promises of many many new features.
Will Elementary 0.4 Loki return as the most beautiful Linux distribution?