Express
deBridge Co-founder: Hasty Rollback of Flow May Trigger Greater Systemic Risks
Summary: deBridge co-founder Alex Smirnov expressed concerns on X platform about Flow's decision to rollback the blockchain state, highlighting potential economic losses and systemic risks. Despite being a key cross-chain bridge for Flow, deBridge has not received any communication or coordination from the Flow team. Smirnov warned of potential issues such as balance doubling and unrecoverable ...
deBridge co-founder Alex Smirnov expressed concerns on X platform about Flow's decision to rollback the blockchain state, highlighting potential economic losses and systemic risks. Despite being a key cross-chain bridge for Flow, deBridge has not received any communication or coordination from the Flow team. Smirnov warned of potential issues such as balance doubling and unrecoverable assets during the hasty rollback, citing large cross-chain and custody transactions already completed. He urged Flow validators to pause validation of the rollback until clear remediation plans are in place, ecosystem coordination is completed, and security organizations are involved to avoid irreversible consequences.
Tags:
Link: deBridge Co-founder: Hasty Rollback of Flow May Trigger Greater Systemic Risks [Copy]
