3.4.2 stable - 3.4.3/4.0rc2 in SVN
KVIrc is able to connect to several servers at the same time (optional with SSL and/or IPv6). Unicode, ISO-8859-*-Codes, Asian and windows-native char sets are supported. A special feature is the smart encoding, which allows you to use 2 encodings at the same time; you can send unicode and read unicode and cp-1252 for example.
Additional to the mIRC-Codes for bold, underlined and colored fonts, KVIrc owns a graphical emoticon and avatar system. This feature can be turned off.
KVIrc has its own script language named KVS for extensions, addons and scripts. Every channel, term and DCC Chat is encryptable with Blowfish or AES/Rijndael.
With split window mode, users can divide their channel window into 2, one for chat messages and one for "commands" like joins/parts/mode changes. The size of the windows is variable, so they can hide the command window.
The Socket spy feature helps developers and users to watch the raw communication between client and server to debug.
Official stable releases are not often made, but in SVN is mostly a stable version to use.
KVIrc 4.2.0 was released on July, 3rd 2012.