Rollback plan after Flow hack draws criticism from ecosystem partners
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Rollback plan after Flow hack draws criticism from ecosystem partners
According to Crowdfundinsider, after the Flow blockchain suffered a hack resulting in approximately $3.9 million stolen, its validators decided to roll back the network's transaction ledger to a pre-attack state, drawing strong criticism from cross-chain bridge operators. Alex Smirnov, co-founder of the bridging service deBridge, said the Flow team announced the rollback decision without prior consultation with key partners, which could unfairly impact legitimate users. Smirnov noted that the rollback would not affect attackers who had already moved assets off the network, while harming the interests of honest participants. Interoperability providers such as deBridge and LayerZero have suggested a hard fork approach instead—patching the vulnerability and locking the exploited funds—rather than completely erasing ledger records.
Navigating Web3 tides with focused insightsTechFlow news, December 29 — According to Crowdfundinsider, after the Flow blockchain suffered a hack resulting in approximately $3.9 million stolen, its validators decided to roll back the network's transaction ledger to a state prior to the attack, sparking strong criticism from cross-chain bridge operators.
Alex Smirnov, co-founder of cross-chain bridge service deBridge, said the Flow team announced the rollback decision without prior consultation with key partners, which could unfairly impact legitimate users. Smirnov noted that the rollback would not affect attackers who have already moved assets off the network, but instead harm the interests of honest participants. Interoperability providers such as deBridge and LayerZero have suggested a hard fork approach—patching the vulnerability and locking exploited funds—rather than completely erasing ledger records.
