ChainCatcher message, after the Flow blockchain suffered an approximately $3.9 million hack, its validators decided to roll back the network transaction ledger to the state before the attack. This move has sparked strong criticism from cross-chain bridge operators. Alex Smirnov, co-founder of the cross-chain bridge service deBridge, stated that the Flow team announced the rollback decision without prior consultation with key partners, which could unfairly impact legitimate users. Smirnov pointed out that the rollback would not affect the attacker who has already transferred assets out of the network, but would instead harm honest participants’ interests. Interoperability providers like deBridge and LayerZero recommend adopting a hard fork approach to patch the vulnerability and lock the exploited funds, rather than completely clearing the ledger records.
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Flow's rollback plan after hacking attack sparks criticism from ecosystem partners
ChainCatcher message, after the Flow blockchain suffered an approximately $3.9 million hack, its validators decided to roll back the network transaction ledger to the state before the attack. This move has sparked strong criticism from cross-chain bridge operators. Alex Smirnov, co-founder of the cross-chain bridge service deBridge, stated that the Flow team announced the rollback decision without prior consultation with key partners, which could unfairly impact legitimate users. Smirnov pointed out that the rollback would not affect the attacker who has already transferred assets out of the network, but would instead harm honest participants’ interests. Interoperability providers like deBridge and LayerZero recommend adopting a hard fork approach to patch the vulnerability and lock the exploited funds, rather than completely clearing the ledger records.