Flow Foundation has scrapped a proposed layer-1 blockchain rollback after community backlash following a $3.9 million exploit.
The rollback plan was criticised for potentially undermining decentralisation, security and trust across the network.
The exploit was disclosed on Saturday and immediately triggered volatility across the Flow ecosystem.
In a Monday post on X, deBridge founder Alex Smirnov confirmed that the updated remediation plan would exclude any rollback.
There will be no rollback.
Alex Smirnov said, noting that no chain reorganisation would take place.
Flow released a technical implementation plan detailing phased recovery measures for the network.
The foundation said accounts linked to the exploit were temporarily restricted as part of phase one.
Ethereum Virtual Machine operations were placed into read-only mode during the initial recovery stage.
There will be no chain reorganisation.
Flow said, adding that valid transactions remain unaffected.
The network said users will not need to resubmit or reconcile transactions completed before the halt.
Community criticism intensified after earlier plans suggested reversing the chain to recover assets.
Smirnov previously described the rollback proposal as a “rushed decision” with wider financial risks.
He warned that the rollback could cause damage exceeding losses from the original exploit.
Following disclosure of the incident, Flow’s native token fell more than 20% in 24 hours.
Market data showed the token trading near $0.11 at the time of reporting.
Flow said full implementation of the remediation plan may take several days.
The network plans to relaunch its Cadence non-EVM chain after phase one concludes.
Bridge and exchange operations are expected to resume following the relaunch.
Find Labs, the team behind Flow block explorer Flowscan, praised the revised response.
Flow’s response required genuine collaboration between parties under high stress.
Find Labs said.
The team said adapting to feedback showed responsible stewardship during a critical period.
Flow said it will issue another update on asset recovery within 24 hours.
At the time of reporting, Flow price was $0.09636.