On Friday, the cryptocurrency exchange schpto exchange would have been hacked by the Lazare group in North Korea, which drained nearly $ 1.4 billion in the Stock Exchange (ETH).
After hacking, Arthur Hayes, co-founder of Bitmex and claiming to be a major holder of the ether (ETH), wrote an article on X in the co-founder Ethereum Vitalik Buterin to find out if “will plead to cancel the chain To help @bybit_official. “Meanwhile, during a session of spaces X, the CEO of Bybit, Ben Zhou, revealed that his team had also contacted the Ethereum Foundation to see if it was something that the network would consider, noting that Such a decision should be based on what the network of the network wants.
The Hayes position immediately caused a fierce reaction to the Ethereum community, which was firm in its conviction that it would not happen. Some even wondered if the founder of Bitmex was joking. Coindesk contacted Hayes on X to clarify his comments.
Ethereum members, such as basic developer teams, are largely against the “reversal” of the network because it would replace the fundamental elements of decentralization. If Buterin decided by himself that this would happen, it would be considered the end of Ethereum’s ethics, which strongly involves various teams of developers and other members of the community with regard to health and the state of The blockchain.
“Rolling the chain would not give anything eth. What is the interest if you can simply modify the rules, ”said the @The_weso user in an article on X.
Some outside the Ethereum community highlighted the 2016 Hack Dao as an example when $ 60 million in Eth was stolen. The network has advanced with a hard fork, dividing the old network in two, and the new channel continued as Ethereum.
This hard fork was not, however, a “going back”; He was known as a “transition from the irregular state”. Ethereum cannot technically “back down” the network because it relies on an account model, where the accounts hold the eth of the users.
At the time of hacking, the developers upgraded their nodes to a new customer or software. Those who did not upgrade their nodes were still on the old chain, which became known as Ethereum Classic.
When the nodes are upgraded to the new software, the stolen ETH could go from an Ethereum account address to the next.
“The” irregular change of state “that they implemented at the time of the Fork Dao Hard was as follows: they transported by plane all the Smart DAO contracts to a reimbursement contract which would send you 1 ETH per 100 tokens Dao you have sent, ”wrote Laura Shin de Unchained in a post on X.
Read more: Arthur Hayes floats the idea of retreating the Ethereum network to deny the hacking of $ 1.4 billion, drawing the IRE community
