Ethereum core developer Tim Beiko has warned against rolling back the network to its state before the Bybit hack, citing the complexity and potential consequences of such a move. Unlike the 2016 DAO exploit, the recent hack involved a legitimate-looking transaction that cannot be easily reversed without significant ripple effects across the ecosystem. Advocates for a rollback, including industry figures, have been met with skepticism as the implications could far exceed the $1.5 billion lost, potentially harming many innocent users.
about Ethereum Rollback Proposal Faces Technical Challenges After Bybit Hack