Loading market data...

Harmony to Roll Back Blockchain, Erasing 109,000 Transactions After Exploit

Harmony to Roll Back Blockchain, Erasing 109,000 Transactions After Exploit

Harmony plans to roll back its blockchain, wiping 109,000 transactions tied to a recent exploit. The team said it will revert the entire chain to a clean state rather than surgically restoring individual transactions, which they argue could leave the network in an inconsistent state.

Why a full rollback

In a statement, Harmony explained that selectively restoring transactions could create a chain that doesn't line up. The exploit hit the network hard, and the team decided the only safe path is to start over from a point before the damage. That means all transactions in the affected window—109,000 of them—will be erased, including legitimate ones that happened alongside the exploit.

It's a blunt approach, but one the team says is necessary. Trying to pick and choose which transactions to keep risks corrupting the ledger in ways that could be worse than the original problem.

Ravencoin's separate dispute

Harmony isn't the only network wrestling with a rollback. Ravencoin is facing its own disagreement after an exploit, though the details are still murky. The two situations aren't connected, but they highlight how different projects handle the same kind of pressure.

For Harmony, the rollback is set to happen soon, though no exact date has been given. Users who had transactions in the affected window will see them vanish, and the team will need to rebuild trust after such a disruptive move.