According to MarsBit, the Flow blockchain faced backlash from cross-chain bridge operators after its validators decided to roll back the network ledger following a $3.9 million hack. deBridge co-founder Alex Smirnov criticized the Flow team for announcing the rollback without prior consultation with key partners, arguing it could unfairly affect legitimate users. Smirnov noted that the rollback would not impact the attackers who had already moved assets out of the network, but would harm honest participants. Interoperability providers like deBridge and LayerZero suggested a hard fork to patch the vulnerability and secure the exploited funds instead of erasing the ledger.
Flow Network's Rollback Plan After $3.9M Hack Sparks Criticism from Ecosystem Partners
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Summary
Flow blockchain faced backlash after validators approved a ledger rollback following a $3.9 million crypto hack. Ecosystem partners criticized the move, saying the network upgrade was announced without consultation. deBridge’s Alex Smirnov argued the rollback harms honest users while attackers remain unaffected. Interoperability providers suggested a hard fork to secure funds instead.
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