Ethereum rollback deemed “technically intractable” amid Bybit hack pressure

Despite growing calls from the crypto industry to roll back the Ethereum network to its pre-Feb. 21 state, before the Lazarus Group’s $1.5 billion hack on crypto exchange Bybit, Ethereum core developer Tim Beiko warns against the idea. He says such a move would be complex and carry significant consequences.

“It’s worth breaking down why this reasonably sounding proposal is technically intractable for less knowledgeable observers,” Beiko said in a Feb. 22 X post.