diff --git a/Cargo.lock b/Cargo.lock
index 00a7ed0d..27aecfe8 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1597,7 +1597,7 @@ checksum = "adad44e29e4c806119491a7f06f03de4d1af22c3a680dd47f1e6e179439d1f56"
 
 [[package]]
 name = "rencfs"
-version = "0.2.0"
+version = "0.3.0"
 dependencies = [
  "anyhow",
  "argon2",
diff --git a/Cargo.toml b/Cargo.toml
index b1a3acce..9bfded61 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "rencfs"
 description = "An encrypted file system that mounts with FUSE on Linux. It can be used to create encrypted directories."
-version = "0.2.0"
+version = "0.3.0"
 edition = "2021"
 license = "Apache-2.0"
 authors = ["Radu Marias <radumarias@gmail.com>"]