Bitcoin $96,169.45 pro -Samson Mow, Ethereum recently $2,802.85 He argued that the Rollback process should be implemented for Blockchain. This proposal came up after the North Korean hackers steal ETH and Steth worth $ 1.4 billion over Bybit. Mow said that the rest of the network may be useful for the extradition of stolen assets and the prevention of malicious use of technology.
RECOMMENDATION OF RETURNING AND JUSTICE
Mow, Ethereum Blockchain, the rest of the stolen assets can be returned to Bybit, and the affected ecosystem should not be damaged, he said. It is argued that this recovery will be similar to the methods applied in cases such as the DAO attack in the past.
Samson Mow: orum I completely support the recovery of the Ethereum network. The return of the stolen ETH to Bybit and the use of these funds for malicious purposes will be the most appropriate solution for the whole ecosystem. ”
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Technical Details and Discussions
Blockchain reuptation process allows the approved transactions to cancel and return the network to a certain past state. In this process, Mow said that the network could be reorganized and that the existing network can be renamed as “ethnk ında in a humorous language. The discussions also included the exchange of ideas with Vitalik Botter.
Samson Mow: “When talking about the method of reclaiming the Ethereum network with Vitalik Botterin, it would be the right thing to stop the ETH processing. When the Network taken back is the name ETH, it seems logical to rename the existing chain as ETHNK. ”
Restoring operations are among the old methods against past security violations. This method aims to cancel faulty operations by returning to a certain period of the Ethereum network.
Although it is known that the proposed recovery will not be possible, it is brought to the agenda as a regiment. During the Dao period, it was said that serious reactions were betrayed by Blockchain’s philosophy. Although it was forgotten that it was an event that took place in the early stages of Ethereum, it is technically difficult to retract the network in today’s conditions, and it causes great harm to reliability in the environment where RWA is discussed.
The effects of this development in the sector are closely examined with the evaluations made in terms of the safety and system integrity of the chain. Investors and experts take care to make cautious and information -based decisions by addressing all aspects of the issue.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.