Flow scraps rollback plan after pushback over decentralization, security

Although recovery of assets affected in a $3.9 million exploit of the Flow blockchain isn't guaranteed, many users responded positively to a change in the remediation plan.

The Flow Foundation, behind addressing a remediation plan following a $3.9 million exploit of the blockchain, has scrapped a proposal that would involve rolling back the layer-1 Flow chain after community criticism.

In a Monday X post, Alex Smirnov, founder of bridge provider deBridge, said there would be “no rollback” and no reorganization of the blockchain as part of an updated recovery. Flow released a technical implementation plan, saying it had already temporarily restricted accounts affected by the exploit and Ethereum Virtual Machine (EVM) operations were read-only as part of phase one of the recovery.

“There will be no chain reorganization,” said Flow. “All legitimate transactions that occurred prior to the halt remain valid and will not require resubmission or reconciliation.”

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