Ethereum Community Proposes Recovery Protocol for Locked ETH Funds

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As per Coinotag, the Ethereum Fund Recovery Protocol (EFRP) is a proposed framework by the Locked Ether Collective to recover lost ETH from technical vulnerabilities like the 2017 Parity Wallet Freeze. The protocol, launched via an Ethereum Improvement Proposal on November 5, 2025, enables fair recovery of inaccessible ETH through smart contracts and a Technical Council DAO, without altering Ethereum’s core protocol. It targets incidents such as the Parity freeze, which locked 513,743 ETH worth over $150 million at the time.

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