In a significant move for the Flow blockchain community, the Flow Foundation has opted not to roll back the network following a $39 million exploit. This decision comes after considerable backlash from users who expressed concerns over the implications of such a recovery plan. According to the official information, the foundation believes that maintaining the current state of the network is in the best interest of its users.
Confirmation of No Rollback
Alex Smirnov, founder of deBridge, confirmed the decision on X, stating that there will be no rollback or reorganization of the blockchain. Instead, the implementation plan will focus on temporary restrictions for the accounts affected by the exploit while ensuring that all legitimate transactions made prior to the halt remain valid.
Community Emphasis on Decentralization
This choice reflects the community's strong emphasis on maintaining the network's decentralization and security as many users feared that a rollback could undermine these core principles. The Flow Foundation's commitment to transparency and user trust appears to be guiding their approach in the aftermath of this significant incident.
Following the Flow Foundation's decision not to roll back the network after a $39 million exploit, they have also implemented a critical fix for the Mainnet28 protocol. For more details, see read more.
