updating via proxy is murder, i got to 15 % then got dc,d so i took the entire game from a frien with the update then uses proxifier to get in on the game!
sooo ... start proxifier 2.0 (
http://www.proxifier.com)
go too options, proxy settings,add , write ipnumber 68.230.40.118 port 10777 socks5 press ok
then press options choose proxification rules mark "proxify the folllowing + manually proxified, then uncheck the allready selected rulename loopback, then press add, open your silkroad folder and select the silkroad.exe file press ok, then add again, go to ypur silkroad folder and choose sro_client.exe press ok ok
then start silkroad as usual, still having proxifier turned on! if this doesnt work , also go to C:/windows system32 , drivers, etc, hosts(open with notepad) and write under localhost the following ip
121.128.133.26 gwgt1.joymax.com then save those settings,if it STILL doesn´t work, do the proxifier part all over again with the same settings as last time

good luck, hope this helps, it works for me
however, regarding the update i serioussly recommend getting it from a friend that has verision 1.060 or later
om du e svensk, å behöver den uppdaterade silkroad, messa mig, jag kan skicka över den på msn om ni behöver den !! cheers mates !!
cheers !! feel free to rely if it doesn´t work !!
ingame name Myz server Alps