#BybitHack
why an Ethereum Fork in this situation is such a hot topic:
Scale of the Theft: $1.4 billion is an unprecedented amount. Recovering such a sum would be a massive win for Bybit and potentially set a precedent for future large-scale hacks.
Community Sentiment: The crypto community is deeply divided on the issue of blockchain immutability. Some believe in the ‘code is law’ principle, arguing against any form of rollback, while others prioritize protecting users and recovering stolen funds, especially in cases of blatant theft.
Precedent Setting: Forking to reverse transactions, even in extreme cases like this, could open a Pandora’s Box. It could raise concerns about the security and finality of transactions on the Ethereum blockchain in the long run.$ETH
