This time with $FLOW, it's truly suffocating. $3.9 million was hacked, and what's the team's response? To directly roll back on-chain transactions. Sounds good? The hacker's assets weren't recovered; instead, countless ordinary users' transaction records were deleted with a single click.



I have to ask: does this count as solving the problem? This is exactly tearing apart the last fig leaf of blockchain—immutability.

A so-called decentralized public chain, with just one word from the project team, can have its ledger history rewritten. What’s left of the once-shouted "Code is Law"? The "decentralization" written in black and white in the white paper, at critical moments, reveals its true nature. When a centralized team snaps their fingers, it determines the fate of assets for millions of users.

The truly frightening part of this incident isn't the hacker attack itself, but that it exposes the industry's biggest lie: many chains are not truly decentralized at all, but merely centralized systems disguised as decentralized.

So, we need to reflect on a core question: what exactly is trustworthiness?

Trust that a certain technical team will never make wrong decisions? Trust that a particular chain will never change its rules due to unforeseen events? Or should we simply not place our trust in these unreliable promises?

The real answer might lie elsewhere—by building verification mechanisms at the source through decentralized data networks, ensuring data is provided by independent nodes worldwide rather than a single entity, and only recorded on-chain after network consensus. Once confirmed, it becomes truly immutable history. No one can unilaterally revoke it, and no team holds absolute power. This is the fundamental way to solve the trust problem.
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RamenDeFiSurvivorvip
· 12-30 12:44
Rollback transaction? That's hilarious, it's just a rebranded bank.
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SigmaValidatorvip
· 12-30 12:37
Rollback transaction? Isn't that just shooting yourself in the foot? Where's the white paper? Where's decentralization?
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notSatoshi1971vip
· 12-30 12:37
Rollback? Isn't that just deleting the data and starting over? That's hilarious. --- Another centralized scam hiding under the banner of decentralization, I've seen it coming. --- 390 million not recovered, but instead the transaction records of ordinary users are gone? What kind of solution is that? --- Wait, can they really change the chain with a single click? I need to think carefully about where to store my coins to feel secure. --- Code is Law? Give me a break, now it's Team is God. --- This incident was exposed too harshly, more than the hackers themselves, it's really off-putting. --- Why does the team get to change things just because they say so? We're just playing along in vain. --- So which chain is truly decentralized? I really can't believe it now. --- Independent node verification is the way out; everything else is nonsense. --- FLOW's move this time has really pulled the mask off the entire industry.
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MemeTokenGeniusvip
· 12-30 12:34
Rollback chain? Wow, that's why I don't trust 90% of public chains.
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CryptoWorldSuckersProvip
· 12-30 12:29
Will it still go up?
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