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Bitcoin

Arthur Hayes, Samson Mo paid to a decrease ethereum

In what is now considered the largest penetration in the cryptocurrency industry, the BYBIT port is at risk when trying to complete a legitimate transport, and stole about $ 1.5 billion, most of which are in ETH, by sending it to another address.

Regardless of the immediate impact on encryption prices, this prominent incident has acquired the attention of society, and now some prominent characters call for the decline of the ETHEREM series.

Hayes, say yes

Arthur Hayes, the former CEO of Beit Amsa, who described himself as “the bearer of the Eth Mega bag”, has suggested that a short time after the attack. He believes that ETH stopped being money in 2016 when Ethereum Blockchain passed a difficult fork (Create Ethereum Classic) after penetrating $ 60 million against DAO.

Because it was already done once, Hayes male It can happen again. The Canadian Chinese businessman and CEO of Jan3 Jan3, Samson Mww, supported Hayes position, indicating that such decline will not only return Eth Stoen Eth to Bybit but also helps to prevent the “North Korean government from using these funds to finance its nuclear weapons program”

It went further, indicating that the potential decline can adjust the EIP-1559 to correct the contraction mechanism, which somewhat failed.

Risk

The retreat of Ethereum (or another Blockchain) may seem simple, but it is a very complex technical step that can put many internal processes. To understand the risks, you should know that the decline process allows Blockchain to return to a previous point in time. This means that it will not only restore the stolen eth to Bybit, but it will erase all transactions and movements that are not associated with the form on the ethereum network.

It has been done only a few times (such as the aforementioned DAO penetration) and is rarely considered because it is very controversial because it undermines the main Blockchain stability.

Many other members of society highlighted the dangers of such a potential step now, indicating that Ethereum Blockchain is now more complicated than it was nine years ago. The yugalabs’ VP, which has X handle, finishing, risks under the Hayes function.

As of the time of the press, there was no official statement by Vitalik Buterin or any other person from the highest levels of the ethereum in this regard.

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