Ethereum core developer: Rolling back Ethereum is almost impossible and could lead to difficult-to-fix chain reactions
ChainCatcher news, according to Cointelegraph, recently, regarding the February 21 hack of Bybit exchange that resulted in a loss of $1.5 billion, Ethereum core developer Tim Beiko stated that although some in the crypto industry are calling for the Ethereum network to be restored to its state before the attack, it is almost impossible to achieve from a technical perspective.Beiko emphasized that, unlike the 2016 TheDAO hack incident, this attack did not violate Ethereum protocol rules, and a rollback would lead to widespread and difficult-to-repair chain reactions, potentially causing more destructive consequences than the hacker's losses. Furthermore, a rollback would undo all settled on-chain transactions while being unable to reverse off-chain transactions.Other industry figures have expressed similar views. Ethereum educator Anthony Sassano pointed out that the current complexity of the Ethereum ecosystem makes a simple rollback of the infrastructure unfeasible. Yuga Labs' blockchain vice president even warned that the cost of a rollback could far exceed $1.5 billion.Previous news, when asked whether he supports rolling back Ethereum to the state before the hack, Bybit CEO Ben Zhou stated, "This is not something one person can decide. Based on the spirit of blockchain, perhaps it should be decided through a community vote, but I'm not sure."