Crypto News

Etherum ‘Rollack Mack’ Presoli has been reported critical. Here’s why it won’t happen

Friday, cryptocurrency Exchange Bibit is reportedly hacked North Korea Lazarus Groupwho annoyed nearly $ 1.4 billion in ether (ETH) from exchange.

After Hak, Arthur Hayes, Bitmek co-founder and claim that the main holding holder is (ET), He wrote a post On X to Etherum co-founder Vitalik Baterin on whether “advocate to return the chain to help @ nonsimilarities_official”. Meanwhile, in Session in KS spaces, the CEO of Bibita Ben Zhou discovered that his team also had reach out To the Etherum Foundation to see if it is something that the Network would consider, notify that such a decision should be based on what it wants to communicate the network to the network.

Hayes’ post immediately caused a fierce reaction from the Etherum community, which was firm in his belief that it would not happen. Some even questioned whether the founder of Bitmek was joking. COINDESK reached Haies via X to clarify your comments.

Ethereum members, such as teams, core, are greatly against “return” networks because it would overcome the basic elements of decentralization. If Baterin decided to happen, then it would be seen as an end of Ethereum’s Ethos, which largely involves various teams of developers and other members of the community when it comes to health and a blockade state.

“Returning the chain would give an entity. What’s the point if you can just change the rules,” User @ The_weso said In the post to K.

Some out of Etherum community pointed out By 2016 gave hack as an example When $ 60 million was stolen in Eto. The network went ahead hard fork, sharing the old net in two, and the new chain continued as Etherum.

That hard fork was not “back,”; It was known as “improper state transition”. The technical cannot “return” to the network because it relies on the account model, where the accounts hold ETH users.

At the time of hak, developers upgraded their nodes with a new client or software. Those who have not upgraded their nodes were still on the old chain, which became known as Etherum Classic.

When the nodes have been upgraded to new software, the stolen ET could move from one eThereum address as follows.

“” Unregual change of state “that have implemented at the time of Hard Fork: They presented the entire ETU to the return contracts to the return contract that would send you 1 et for every 100 gave tokens to every 100 gave tokens,” wrote is Laura Shin of Sonchained andon a post on x.

Read more: Arthur Hayes hover the idea of ​​rolling back Etherum network to deny 1.4B from $ bibit hack, drawing the IRE community



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2025-02-22 23:43:00

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