RATE Group | Ethereum Community Overwhelming Disagrees with Hard Forks to Revert Hacks
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Ethereum Community Overwhelming Disagrees with Hard Forks to Revert Hacks

30 Oct Ethereum Community Overwhelming Disagrees with Hard Forks to Revert Hacks

Posted at 06:53h in Ethereum News by

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In a recent poll, Ethereum co-founder Vitalik Buterin asked whether it would ever be appropriate to conduct a hard fork to revert chain activity after a serious hack. The overwhelming response was no.

As you might recall, Ethereum experienced a DAO hack in 2016 which led to the splitting of the Ethereum chain into two chains, the main Ethereum chain (ETH) and the so-called ‘Ethereum Classic’ (ETC). The hard fork was controversial since it effectively rolled back the chain to return the hacked ETH to those affected — a decision that is still debated to this day.

Ethereum ETH Fork

Ethereum Community’s Resounding Response

Asking about this same topic, Buterin recently asked his followers whether such a move would be appropriate today—and, if so, how much ETH must be staked for someone to support this?

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