The program prompted me to update, so I went ahead with it. However, the installation was done in a different folder than the existing one. As a result, instead of an actual update, a completely new version was installed. Now I have two versions running in parallel.
I assume this is some kind of bug and not the intended behavior — just sharing for awareness.
The frustrating part is that I want to use the new version, but of course, my settings aren’t there, so I have to configure everything from scratch.

Cheers.