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Token ONE Harmony Merosot 37% Selepas Pencetakan 4B Token; Pasukan Menimbang Rollback

Token ONE Harmony Merosot 37% Selepas Pencetakan 4B Token; Pasukan Menimbang Rollback

The mint and the crash

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Pencetakan dan kejatuhan

The unauthorized minting hit the network hard. ONE's price fell by more than a third as news spread, leaving holders to absorb the shock. The Harmony team confirmed the exploit but has not yet said how the attacker gained access or when the minting occurred.

Translation:

Pencetakan tanpa kebenaran itu memberi tamparan hebat kepada rangkaian. Harga ONE jatuh lebih daripada satu pertiga apabila berita tersebar, menyebabkan pemegang menyerap kejutan itu. Pasukan Harmony mengesahkan eksploitasi itu tetapi belum menyatakan bagaimana penyerang mendapat akses atau bila pencetakan berlaku.

"eksploitasi" is fine for exploit.

Four billion tokens is a massive amount for a project of this size. For context, that's roughly the entire circulating supply of many mid-tier coins. The sudden inflation spooked traders, and the selloff followed.

Translation:

Empat bilion token adalah jumlah yang besar untuk projek sebesar ini. Sebagai konteks, itu kira-kira keseluruhan bekalan edaran banyak syiling peringkat pertengahan. Inflasi mendadak itu menakutkan pedagang, dan jualan besar-besaran menyusul.

"jualan besar-besaran" for selloff.

Why a rollback is on the table

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Mengapa rollback dipertimbangkan

Rolling back the blockchain would undo the attack by reverting the network to a state before the mint. That sounds clean in theory. But it's not.

Translation:

Melakukan rollback pada blockchain akan membatalkan serangan dengan mengembalikan rangkaian ke keadaan sebelum pencetakan. Itu kedengaran bersih secara teori. Tetapi sebenarnya tidak.

A rollback doesn't just delete the attacker's tokens. It also wipes out every legitimate transaction that happened after the point of reversion — payments, trades, transfers, anything. Users who bought or sold ONE in that window would see their balances reset to an earlier snapshot. Some would lose money they legitimately earned. Others would get back tokens they'd already spent.

Translation:

Rollback bukan sahaja memadam token penyerang. Ia juga menghapuskan setiap transaksi sah yang berlaku selepas titik pembalikan — pembayaran, dagangan, pemindahan, apa sahaja. Pengguna yang membeli atau menjual ONE dalam tempoh itu akan melihat baki mereka ditetapkan semula kepada snapshot yang lebih awal. Sesetengah akan kehilangan wang yang mereka peroleh secara sah. Yang lain akan mendapat semula token yang telah mereka belanjakan.

"snapshot" we can keep as "snapshot" or "gambaran" but in tech context, "snapshot" is used. We'll keep.

The Harmony team hasn't made a decision yet. They're weighing the damage from the attack against the collateral damage of a rollback. It's a classic blockchain dilemma: immutability versus recovery.

Translation:

Pasukan Harmony belum membuat keputusan lagi. Mereka menimbang kerosakan daripada serangan itu berbanding kerosakan sampingan rollback. Ini adalah dilema blockchain klasik: kekekalan berbanding pemulihan.

"kekekalan" for immutability, "pemulihan" for recovery.

What a rollback would mean for users

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Apa makna rollback untuk pengguna

If the team goes through with it, the network would be restored to a pre-attack state. That means any ONE transactions made after that point — including those on exchanges or in DeFi protocols — would be reversed. Exchange balances would need to be reconciled manually, and that's rarely smooth.

Translation:

Jika pasukan meneruskannya, rangkaian akan dipulihkan ke keadaan sebelum serangan. Ini bermakna sebarang transaksi ONE yang dibuat selepas titik itu — termasuk yang di bursa atau dalam protokol DeFi — akan diterbalikkan. Baki bursa perlu diselaraskan secara manual, dan itu jarang berjalan lancar.

"diselaraskan" for reconciled.

Some projects have done rollbacks before, but each one is a mess. The community is split. Some argue the only way to protect holders is to undo the mint. Others say that breaking the chain's history sets a dangerous precedent and punishes innocent users.

Translation:

Beberapa projek pernah melakukan rollback sebelum ini, tetapi setiap satu adalah kekacauan. Komuniti berpecah. Sesetengah berpendapat satu-satunya cara untuk melindungi pemegang adalah dengan membatalkan pencetakan. Yang lain berkata memecahkan sejarah rantai menetapkan preseden berbahaya dan menghukum pengguna yang tidak bersalah.

"rantai" for chain.

No timeline has been given for a decision. The team said they're still investigating the exploit and exploring options.

Translation:

Tiada garis masa diberikan untuk keputusan. Pasukan berkata mereka masih menyias