Flow scraps blockchain 'rollback' plan after community backlash over decentralization

The layer-1 network, Flow, scrapped plans to roll back its blockchain following a $3.9 million exploit, reversing course after pushback from ecosystem partners who warned that rewriting chain history would undermine decentralization and create operational risks. Instead, the network released a statement on Dec. 29 saying it will restart from the last sealed block before transactions were halted on Dec. 27, preserving all legitimate transaction history, according to a recovery plan shared with partners. Th ...