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Ethereum Developer Counters Idea Of Blockchain Rollback Amid Bybit Hack

  • Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack.
  • Beiko explained why a rollback is impractical and unfeasible due to various factors.
  • The Ethereum network is too interconnected and developed for a rollback, and any attempt could result in a continuous cat-and-mouse game.
  • At the time of writing, ETH trades at $2,754 with a 2.77% gain in the past day.

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