Vitalik's 2016 Dilemma Returns ‼️‼️‼️‼️
After#Bybitstole around $1.4 billion in#ethereum(ETH#) from a cold wallet, a fierce debate has erupted in the crypto community about whether#Ethereumcan undo the theft
Prominent figures such as Arthur Hayes, co-founder of Bitmex and major#ETHholder, Ethereum co-founder Vitalik Buterin, have publicly come out in support of rolling back transactions that occurred at the time of the theft. Rollback could restore the#blockchainBybit theft, pointing to 2016 when Ethereum made the same move to return stolen funds as a result of the#DAOhack
Ethereum founder Vitalik Buterin said, “My personal opinion as an ETH holder is that if the community wants to do it again, I will support it because we already voted in 2016 [why] don’t we do it again?”
With attention drawn to the scale of the loss that made the thief one of the largest ETH holders, many claim that the loss is too big for Ethereum regardless of the outcome#1BillionETH
Anyway, this is terrible
#Vitalikis in a nightmare that he will not be able to emerge from victorious, forcing him to balance between maintaining decentralization and facing accusations that will come from North Korean hackers