#multiversx计划协调硬分叉恢复
MultiversX plan coordinates the hard fork recovery—what should EGLD do next?
This time, MultiversX is not undergoing a routine upgrade, but a “recovery hard fork” following an incident. On September 19, an atomicity issue occurred at the VM layer. The attacker attempted to exploit vulnerabilities to cause invalid state changes, and the validators subsequently paused network protection for users. The project’s current proposed plan is to coordinate a hard fork from known good checkpoints, and first complete validator rehearsal on the Testnet and Devnet.
The most important progress so far is: the recovery hard fork has passed internal testing. The team is continuing to verify the node recovery procedure, but the mainnet is still paused at the moment. The project also clearly reminds users that before the official recovery announcement, they should not submit or rebroadcast transactions, nor perform EGLD and ESDT deposits/withdrawals via exchanges or cross-chain bridges.
For EGLD, the biggest impact of this is actually not the hard fork itself, but whether the market will “dare to use it after recovery.”
1) When will the mainnet resume block production?
2) When will exchanges and cross-chain bridges restore deposits and withdrawals?
3) After recovery, are there any new abnormal states?
4) Can the project’s subsequent technical reports clearly explain the cause of the vulnerability, the scope of impact, and the remediation plan?
If the recovery goes smoothly, there may be a short-term sentiment rebound based on “network recovery expectations.” But this market move should not be simply understood as a reversal of fundamentals. Because the incident itself will lead the market to reassess MultiversX’s security and infrastructure stability.
So EGLD now is more like an “event-driven trade”: first watch for recovery, then watch for funds to return, and only last look for a trend reversal.
Successful hard fork is only the first gate. Only when exchanges, bridges, and ecosystem applications all return to normal is it a true signal of repair.
MultiversX plan coordinates the hard fork recovery—what should EGLD do next?
This time, MultiversX is not undergoing a routine upgrade, but a “recovery hard fork” following an incident. On September 19, an atomicity issue occurred at the VM layer. The attacker attempted to exploit vulnerabilities to cause invalid state changes, and the validators subsequently paused network protection for users. The project’s current proposed plan is to coordinate a hard fork from known good checkpoints, and first complete validator rehearsal on the Testnet and Devnet.
The most important progress so far is: the recovery hard fork has passed internal testing. The team is continuing to verify the node recovery procedure, but the mainnet is still paused at the moment. The project also clearly reminds users that before the official recovery announcement, they should not submit or rebroadcast transactions, nor perform EGLD and ESDT deposits/withdrawals via exchanges or cross-chain bridges.
For EGLD, the biggest impact of this is actually not the hard fork itself, but whether the market will “dare to use it after recovery.”
1) When will the mainnet resume block production?
2) When will exchanges and cross-chain bridges restore deposits and withdrawals?
3) After recovery, are there any new abnormal states?
4) Can the project’s subsequent technical reports clearly explain the cause of the vulnerability, the scope of impact, and the remediation plan?
If the recovery goes smoothly, there may be a short-term sentiment rebound based on “network recovery expectations.” But this market move should not be simply understood as a reversal of fundamentals. Because the incident itself will lead the market to reassess MultiversX’s security and infrastructure stability.
So EGLD now is more like an “event-driven trade”: first watch for recovery, then watch for funds to return, and only last look for a trend reversal.
Successful hard fork is only the first gate. Only when exchanges, bridges, and ecosystem applications all return to normal is it a true signal of repair.