deBridge co-founder: Flow has not undergone a rollback or restructuring and will resume bridged transaction processing once things stabilize.
deBridge co-founder Alex Smirno posted on the X platform stating that the Flow blockchain has initiated the first phase of recovery, with no rollback, no reorganization, maintaining state consistency. deBridge will cooperate with the Flow team until the repair is completed and the EVM operations are fully restored. Once stable, bridge transaction processing will resume.
Alex Smirno previously accused the Flow team of deciding to roll back the blockchain without any communication or coordination with ecosystem partners (bridge service providers, centralized exchanges, decentralized exchanges), which could pose significant risks. Subsequently, Flow communicated and coordinated after listening to feedback.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Injective Price Eyes $100 After INJ Goes Live on Solana Network
BUZZ - StubHub shares rise after Citigroup upgrades rating to "Buy"
Magna Terra Minerals joins Michael Gentile’s mining investor forum
Buffett steps down as chairman of Berkshire (BRK.A.US), his son Howard takes over as "guardian" of the culture, Abel to manage operations
Berkshire Hathaway announced on Friday that 96-year-old Warren Buffett will immediately step down as chairman and become honorary chairman, with his son Howard G. Buffett taking over as chairman.
