
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.