Harmony to Roll Back Blockchain After Hack Minted 4 Trillion ONE Tokens
Harmony will roll back its blockchain after an attack enabled the unauthorized minting of roughly 4 trillion ONE tokens. The team selected a unified restoration point for both shards to remove the fraudulent assets.
Harmony is set to roll back its blockchain after an attack led to the unauthorized minting of roughly 4 trillion ONE tokens.
Developers selected a single recovery point for both shards. The approach is intended to delete the assets generated by the attackers while reducing the risk of damaging legitimate user funds.
Several alternative rollback options were considered, but they were rejected because of concerns that they could affect user holdings.
The rollback is designed to restore the intended token state and remove the fraudulently created supply.
Source: ForkLog