Harmony plans rollback, wiping 109,000 transactions after ONE exploit

Harmony said selectively restoring transactions could create inconsistent chain state, as Ravencoin faces a separate rollback dispute after an exploit.

Harmony plans to roll back its blockchain to Aug. 11 following an exploit that created forged ONE tokens, discarding more than 109,000 transactions confirmed after its chosen checkpoint.

The layer-1 network said Monday that validators would revert to blocks recorded at 11:25 pm UTC on Aug. 11. New blocks will be produced from the next heights using replacement databases.

The discarded window includes 109,126 regular transactions and 315 staking transactions. Harmony said selectively restoring transactions was unsafe because balances, contract states, nonces and other conditions would differ on the replacement chain.

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Source: https://cointelegraph.com/news/harmony-plans-rollback-transactions-one-exploit?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound