Flow Scraps Blockchain Rollback Plan After Community Backlash Over Decentralization

Source: CryptoNewsNet Original Title: Flow scraps blockchain ‘rollback’ plan after community backlash over decentralization Original Link: The layer-1 network, Flow, scrapped plans to roll back its blockchain following a $3.9 million exploit, reversing course after pushback from ecosystem partners who warned that rewriting chain history would undermine decentralization and create operational risks.

Instead, the network released a statement on Dec. 29 saying it will restart from the last sealed block before transactions were halted on Dec. 27, preserving all legitimate transaction history, according to a recovery plan shared with partners. The revised approach avoids a chain reorganization and instead targets fraudulent assets through account restrictions and token destruction.

The exploit and initial rollback proposal weighed heavily on the FLOW token, which is down roughly 42% since the incident, according to market data.