diff --git a/README.md b/README.md
index 586eee6f..2846506a 100644
--- a/README.md
+++ b/README.md
@@ -22,12 +22,22 @@ Import `CodeEditorModule` into your main application module:
 ```ts
 import { CodeEditorModule } from '@ngstack/code-editor';
 
+@NgModule({
+  imports: [CodeEditorModule.forRoot()]
+})
+export class AppModule {}
+```
+
+If you want to use a specific version of the Monaco editor, use `editorVersion` parameter.
+If not provided, the component is always going to use the `latest` version.
+
+```ts
 @NgModule({
   imports: [
-    ...,
-    CodeEditorModule.forRoot()
-  ],
-  ...
+    CodeEditorModule.forRoot({
+      editorVersion: '0.44.0'
+    })
+  ]
 })
 export class AppModule {}
 ```
@@ -47,14 +57,14 @@ export class AppComponent {
   model: CodeModel = {
     language: 'json',
     uri: 'main.json',
-    value: '{}',
+    value: '{}'
   };
 
   options = {
     contextmenu: true,
     minimap: {
-      enabled: true,
-    },
+      enabled: true
+    }
   };
 
   onCodeChanged(value) {
@@ -129,7 +139,7 @@ export class MyEditorComponent {
     language: 'typescript',
     uri: 'main.ts',
     value: '',
-    dependencies: ['@types/node', '@ngstack/translate', '@ngstack/code-editor'],
+    dependencies: ['@types/node', '@ngstack/translate', '@ngstack/code-editor']
   };
 }
 ```
@@ -174,12 +184,12 @@ export class MyEditorComponent {
           type: 'object',
           properties: {
             type: {
-              enum: ['button', 'textbox'],
-            },
-          },
-        },
-      },
-    ],
+              enum: ['button', 'textbox']
+            }
+          }
+        }
+      }
+    ]
   };
 }
 ```
diff --git a/package-lock.json b/package-lock.json
index 903f0ce5..a4419919 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@ngstack/code-editor",
-  "version": "7.0.1",
+  "version": "7.1.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@ngstack/code-editor",
-      "version": "7.0.1",
+      "version": "7.1.0",
       "license": "MIT",
       "dependencies": {
         "@angular/animations": "^17.1.1",
diff --git a/package.json b/package.json
index 2aea0437..cff77d5a 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@ngstack/code-editor",
   "description": "Code editor component for Angular applications. ",
-  "version": "7.0.1",
+  "version": "7.1.0",
   "license": "MIT",
   "author": "Denys Vuika <denys.vuika@gmail.com>",
   "scripts": {
diff --git a/projects/code-editor/README.md b/projects/code-editor/README.md
index 613a8a2f..2846506a 100644
--- a/projects/code-editor/README.md
+++ b/projects/code-editor/README.md
@@ -5,9 +5,9 @@ Code editor component for Angular applications.
 Based on the [Monaco](https://www.npmjs.com/package/monaco-editor) editor
 that powers [VS Code](https://github.com/Microsoft/vscode).
 
-## Live demos
-
-- [Angular 6](https://stackblitz.com/edit/ngstack-code-editor-ng6)
+<a href="https://www.buymeacoffee.com/denys" target="_blank">
+  <img src="https://cdn.buymeacoffee.com/buttons/default-orange.png" alt="Buy Me A Coffee" height="51" width="217">
+</a>
 
 ## Installing
 
@@ -22,12 +22,22 @@ Import `CodeEditorModule` into your main application module:
 ```ts
 import { CodeEditorModule } from '@ngstack/code-editor';
 
+@NgModule({
+  imports: [CodeEditorModule.forRoot()]
+})
+export class AppModule {}
+```
+
+If you want to use a specific version of the Monaco editor, use `editorVersion` parameter.
+If not provided, the component is always going to use the `latest` version.
+
+```ts
 @NgModule({
   imports: [
-    ...,
-    CodeEditorModule.forRoot()
-  ],
-  ...
+    CodeEditorModule.forRoot({
+      editorVersion: '0.44.0'
+    })
+  ]
 })
 export class AppModule {}
 ```
@@ -35,12 +45,7 @@ export class AppModule {}
 Update template to use the `ngs-code-editor`:
 
 ```html
-<ngs-code-editor
-  [theme]="theme"
-  [codeModel]="model"
-  [options]="options"
-  (valueChanged)="onCodeChanged($event)">
-</ngs-code-editor>
+<ngs-code-editor [theme]="theme" [codeModel]="model" [options]="options" (valueChanged)="onCodeChanged($event)"></ngs-code-editor>
 ```
 
 Update component controller class and provide corresponding properties and events:
@@ -49,7 +54,7 @@ Update component controller class and provide corresponding properties and event
 export class AppComponent {
   theme = 'vs-dark';
 
-  codeModel: CodeModel = {
+  model: CodeModel = {
     language: 'json',
     uri: 'main.json',
     value: '{}'
@@ -95,7 +100,7 @@ export interface CodeModel {
 
 ### Editor Options
 
-For available options see [IEditorConstructionOptions](https://microsoft.github.io/monaco-editor/api/interfaces/monaco.editor.ieditorconstructionoptions.html) docs.
+For available options see [IEditorConstructionOptions](https://microsoft.github.io/monaco-editor/typedoc/interfaces/editor.IEditorConstructionOptions.html) docs.
 
 The following options are used by default when Editor Component gets created:
 
@@ -123,8 +128,7 @@ The editor is able to resolve typing libraries when set to the `Typescript` or `
 Use `dependencies` property to provide a list of libraries to resolve
 
 ```html
-<ngs-code-editor [codeModel]="model" ...>
-</ngs-code-editor>
+<ngs-code-editor [codeModel]="model" ...> </ngs-code-editor>
 ```
 
 And in the controller class:
@@ -162,8 +166,7 @@ You should have all the types resolved and auto-completion working.
 You can associate multiple schemas when working with JSON files.
 
 ```html
-<ngs-code-editor [codeModel]="model" ...>
-</ngs-code-editor>
+<ngs-code-editor [codeModel]="model" ...> </ngs-code-editor>
 ```
 
 Provide the required schemas like in the example below.
@@ -205,7 +208,7 @@ Install the `monaco-editor`:
 npm install monaco-editor
 ```
 
-Update the `.angular-cli.json` file and append the following asset rule:
+Update the `angular.json` file and append the following asset rule:
 
 ```json
 {
@@ -235,7 +238,7 @@ export class AppModule {}
 
 ### Typings Worker
 
-Update the `.angular-cli.json` file and append the following asset rule:
+Update the `angular.json` file and append the following asset rule:
 
 ```ts
 {
@@ -268,44 +271,3 @@ use `CodeEditorModule.forRoot()` in the main application,
 and `CodeEditorModule.forChild()` in all lazy-loaded feature modules.
 
 For more details please refer to [Lazy Loading Feature Modules](https://angular.io/guide/lazy-loading-ngmodules)
-
-## Enabling error details
-
-Append the following code to the `polyfills.ts` to enable error details in the tooltips:
-
-```ts
-// workaround for https://github.com/Microsoft/monaco-editor/issues/790
-
-Promise.all = function(values: any): Promise<any> {
-  let resolve: (v: any) => void;
-  let reject: (v: any) => void;
-  const promise = new this((res, rej) => {
-    resolve = res;
-    reject = rej;
-  });
-  let count = 0;
-  let index = 0;
-  const resolvedValues: any[] = [];
-  for (let value of values) {
-    if (!(value && value.then)) {
-      value = this.resolve(value);
-    }
-    value.then(
-      (idx => (val: any) => {
-        resolvedValues[idx] = val;
-        count--;
-        if (!count) {
-          resolve(resolvedValues);
-        }
-      })(index),
-      reject
-    );
-    count++;
-    index++;
-  }
-  if (!count) {
-    resolve(resolvedValues);
-  }
-  return promise;
-};
-```
diff --git a/projects/code-editor/package.json b/projects/code-editor/package.json
index 7b95c922..2e755f8a 100644
--- a/projects/code-editor/package.json
+++ b/projects/code-editor/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@ngstack/code-editor",
   "description": "Code editor component for Angular applications.",
-  "version": "7.0.1",
+  "version": "7.1.0",
   "license": "MIT",
   "author": {
     "name": "Denys Vuika",
diff --git a/projects/code-editor/src/lib/editor-settings.ts b/projects/code-editor/src/lib/editor-settings.ts
index 3791c117..955b1b97 100644
--- a/projects/code-editor/src/lib/editor-settings.ts
+++ b/projects/code-editor/src/lib/editor-settings.ts
@@ -1,4 +1,5 @@
 export interface CodeEditorSettings {
+  editorVersion?: string;
   baseUrl?: string;
   typingsWorkerUrl?: string;
 }
diff --git a/projects/code-editor/src/lib/services/code-editor.service.ts b/projects/code-editor/src/lib/services/code-editor.service.ts
index 6329634e..c1a4e904 100644
--- a/projects/code-editor/src/lib/services/code-editor.service.ts
+++ b/projects/code-editor/src/lib/services/code-editor.service.ts
@@ -19,13 +19,11 @@ export interface TypingsInfo {
 }
 
 @Injectable({
-  providedIn: 'root',
+  providedIn: 'root'
 })
 export class CodeEditorService {
-  baseUrl = 'https://cdn.jsdelivr.net/npm/monaco-editor/min';
-
-  typingsWorkerUrl =
-    'https://cdn.jsdelivr.net/npm/@ngstack/code-editor/workers/typings-worker.js';
+  readonly baseUrl: string; // = 'https://cdn.jsdelivr.net/npm/monaco-editor/min';
+  readonly typingsWorkerUrl: string; // = 'https://cdn.jsdelivr.net/npm/@ngstack/code-editor/workers/typings-worker.js';
 
   typingsLoaded = new Subject<TypingsInfo>();
   loaded = new BehaviorSubject<{ monaco: any } | null>(null);
@@ -39,14 +37,12 @@ export class CodeEditorService {
     @Inject(EDITOR_SETTINGS)
     settings: CodeEditorSettings
   ) {
-    const defaults = {
-      baseUrl: this.baseUrl,
-      typingsWorkerUrl: this.typingsWorkerUrl,
-      ...settings,
-    };
+    const editorVersion = settings?.editorVersion || 'latest';
 
-    this.baseUrl = defaults.baseUrl;
-    this.typingsWorkerUrl = defaults.typingsWorkerUrl;
+    this.baseUrl =
+      settings?.baseUrl ||
+      `https://cdn.jsdelivr.net/npm/monaco-editor@${editorVersion}/min`;
+    this.typingsWorkerUrl = settings?.typingsWorkerUrl || ``;
   }
 
   private loadTypingsWorker(): Worker {
@@ -74,7 +70,7 @@ export class CodeEditorService {
       if (worker) {
         this.loadingTypings.next(true);
         worker.postMessage({
-          dependencies,
+          dependencies
         });
       }
     }
@@ -84,7 +80,7 @@ export class CodeEditorService {
     return new Promise((resolve) => {
       const onGotAmdLoader = () => {
         (<any>window).require.config({
-          paths: { vs: `${this.baseUrl}/vs` },
+          paths: { vs: `${this.baseUrl}/vs` }
         });
 
         if (this.baseUrl.startsWith('http')) {
@@ -100,7 +96,7 @@ export class CodeEditorService {
           window['MonacoEnvironment'] = {
             getWorkerUrl: function () {
               return proxy;
-            },
+            }
           };
         }
 
diff --git a/src/app/app.module.ts b/src/app/app.module.ts
index 46c11e2b..cbc2f412 100644
--- a/src/app/app.module.ts
+++ b/src/app/app.module.ts
@@ -9,8 +9,8 @@ import { CodeEditorDemoComponent } from './code-editor-demo/code-editor-demo.com
 const routes: Route[] = [
   {
     path: '',
-    component: CodeEditorDemoComponent,
-  },
+    component: CodeEditorDemoComponent
+  }
 ];
 
 @NgModule({
@@ -18,19 +18,18 @@ const routes: Route[] = [
     BrowserModule,
     BrowserAnimationsModule,
     RouterModule.forRoot(routes, {
-      initialNavigation: 'enabledBlocking',
+      initialNavigation: 'enabledBlocking'
     }),
-    // MaterialModule,
-
     CodeEditorModule.forRoot({
+      editorVersion: '0.44.0'
       // use local Monaco installation
-      baseUrl: 'assets/monaco',
+      // baseUrl: 'assets/monaco',
       // use local Typings Worker
-      typingsWorkerUrl: 'assets/workers/typings-worker.js',
+      // typingsWorkerUrl: 'assets/workers/typings-worker.js'
     }),
-    CodeEditorDemoComponent,
+    CodeEditorDemoComponent
   ],
   declarations: [AppComponent],
-  bootstrap: [AppComponent],
+  bootstrap: [AppComponent]
 })
 export class AppModule {}