Bybit CEO on Ethereum Rollback Controversy: 'Community Vote Would Be More Appropriate'

Source
Son Min

Summary

  • Bybit CEO Ben Zhou stated that a community vote might be appropriate regarding the Ethereum rollback issue.
  • Discussions focused on reflecting community opinions in line with the spirit of blockchain.
  • He announced plans to attempt various measures including cooperation with investigative agencies to recover the stolen funds.

Amid community discussions about whether Ethereum (ETH) should be rolled back, the CEO of Bybit has shared his stance on the matter.

On the 22nd (local time), when asked about supporting the rollback of the Ethereum blockchain to its state before the Lazarus Group hacking incident, Bybit CEO Ben Zhou stated through X Spacing that while he's 'not sure if one person's decision can determine a rollback,' he suggested that 'considering the spirit of blockchain, it might be more appropriate to decide through a community vote on what the community wants.' Previously, the Ethereum Foundation had implemented a rollback after a hacking incident in 2016.

Zhou stated that they 'will try all possible means to recover the stolen funds,' adding that 'this includes bounty programs, cooperation with investigative agencies, and dialogue with the Ethereum Foundation.'

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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