diff --git a/runtime/src/lib.rs b/runtime/src/lib.rs
index 2d1716337..cc476043d 100644
--- a/runtime/src/lib.rs
+++ b/runtime/src/lib.rs
@@ -139,7 +139,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
     //   `spec_version`, and `authoring_version` are the same between Wasm and native.
     // This value is set to 100 to notify Polkadot-JS App (https://polkadot.js.org/apps) to use
     //   the compatible custom types.
-    spec_version: 191,
+    spec_version: 192,
     impl_version: 1,
     apis: RUNTIME_API_VERSIONS,
     transaction_version: 1,
diff --git a/scripts/localnet.sh b/scripts/localnet.sh
index 65ca5c0a9..2856603e0 100755
--- a/scripts/localnet.sh
+++ b/scripts/localnet.sh
@@ -1,5 +1,14 @@
 #!/bin/bash
 
+# Check if `--no-purge` passed as a parameter
+NO_PURGE=0
+for arg in "$@"; do
+    if [ "$arg" = "--no-purge" ]; then
+        NO_PURGE=1
+        break
+    fi
+done
+
 # Determine the directory this script resides in. This allows invoking it from any location.
 SCRIPT_DIR="$(cd "$(dirname "${BASH_SOURCE[0]}")" &>/dev/null && pwd)"
 
@@ -47,10 +56,14 @@ echo "*** Building chainspec..."
 "$BASE_DIR/target/release/node-subtensor" build-spec --disable-default-bootnode --raw --chain $CHAIN >$FULL_PATH
 echo "*** Chainspec built and output to file"
 
-echo "*** Purging previous state..."
-"$BASE_DIR/target/release/node-subtensor" purge-chain -y --base-path /tmp/bob --chain="$FULL_PATH" >/dev/null 2>&1
-"$BASE_DIR/target/release/node-subtensor" purge-chain -y --base-path /tmp/alice --chain="$FULL_PATH" >/dev/null 2>&1
-echo "*** Previous chainstate purged"
+if [ $NO_PURGE -eq 1 ]; then
+  echo "*** Purging previous state skipped..."
+else
+  echo "*** Purging previous state..."
+  "$BASE_DIR/target/release/node-subtensor" purge-chain -y --base-path /tmp/bob --chain="$FULL_PATH" >/dev/null 2>&1
+  "$BASE_DIR/target/release/node-subtensor" purge-chain -y --base-path /tmp/alice --chain="$FULL_PATH" >/dev/null 2>&1
+  echo "*** Previous chainstate purged"
+fi
 
 echo "*** Starting localnet nodes..."
 alice_start=(