BYBIT loss of $ 1.5 billion to revive Ethereum Blockchain gossip, critics say unlikely – DL News
- Bybit has lost more than 400,000 ETHs in a penetration of $ 1.5 billion.
- The encryption community discusses whether a “decline” is needed.
- Some critics say this will not be possible at this stage.
A huge penetration aimed at exchanging the cryptocurrency on Friday shook the market, Resulting In losing more than 401,000 Ethereum at a value of about $ 1.5 billion.
A discussion also revived whether it should be “retreating” to “Ethereum Blockchain” in response, echoing discussions from the Dao Hard 2016 thorn.
In this incident, the attackers took advantage of the weaknesses of a decentralized autonomy organization to convert millions in Etherum, prompting the community to implement a solid fork that restored the money but divided the network.
Ben Zhou CEO Ben Zhou was cautious in his remarks when he was asked about the retreat. “I really don’t know. I am not sure if it is one man’s decision. Based on the spirit of Blockchain, it may be a vote to know what society wants,” Zhou. I mentioned In discussing x spaces yesterday.
He added that his team was already holding talks with the co -founder of Ethereum Vitalik Buterin and ETAREUM for any recommendations that might help reduce repercussions.
The discussion quickly poured into social media. Arthur Hayes, former CEO of Bitmex, moved to Twitter, a protester a question To the co -founder of Ethereum Vitalik Buterin: “Will you call for a chain to help BYBIT?”
It seems that it is a note of the tongue in the cheek, Hayes Add: “ETH stopped being money in 2016 after Dao Harbfork. If society wants to do this again, I will support this because we have already achieved not eradication in 2016, so why don’t we do it again?”
Amid the stock exchanges, Laura Shen is a non -shared podcast He added some context And clarification about the “retreat” proposals, saying, “I am sure they will not do it.”
Shin Explained The term “retreat” is established by Bitcoin, where each transaction is linked to a series of continuous nursery.
In Bitcoin, one treatment requires a retreat from all subsequent transactions to maintain the safety of the chain.
However, Ethereum uses a model in which the balances are updated directly through contracts and smart transactions, which means that there is no single chain that can be tracked that can be reversed in the same way.
Instead of the real decline, what happened during the DAO accident was a “irregular change of state” that was re -allocated money from the contracts at risk without re -linking the entire Blockchain.
Kyle Baird is the weekend DLES. Do you have advice? Email in kbaird@dlNews.com.
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