Polygon is weighing a question every chain dreads: should it rewrite balances to return stolen funds? A November 4 proposal asks validators to approve a hard fork moving ~70.49 million POL (~$6.5 million at October 29 prices) from five blocked attacker addresses to recovery wallets for Binance and Polymarket.
I find myself pulled both ways. The case for it: traced funds, victims who asked, blocked addresses — the fork only completes the return, supply unchanged. The case against: precedent — edit balances once, even for theft, and every future claimant cites it.
The split: 23.86 million POL tied to Polymarket, 46.63 million to Binance, and both firms must prove control of their recovery wallets in writing. Nothing is approved yet — it reaches Polygon's governance call today at 14:30 UTC, with two weeks of build and testing if it passes.
For context only, $BTC near $80,417 (+3.8%/24h) on Binance spot.
Would you vote to return the funds, or is immutability untouchable? NFA, DYOR.
$POL $BTC #Polygon #CryptoSecurity #Altcoins
I find myself pulled both ways. The case for it: traced funds, victims who asked, blocked addresses — the fork only completes the return, supply unchanged. The case against: precedent — edit balances once, even for theft, and every future claimant cites it.
The split: 23.86 million POL tied to Polymarket, 46.63 million to Binance, and both firms must prove control of their recovery wallets in writing. Nothing is approved yet — it reaches Polygon's governance call today at 14:30 UTC, with two weeks of build and testing if it passes.
For context only, $BTC near $80,417 (+3.8%/24h) on Binance spot.
Would you vote to return the funds, or is immutability untouchable? NFA, DYOR.
$POL $BTC #Polygon #CryptoSecurity #Altcoins