A hard fork has been proposed on Polygon: Can the stolen 70.49 million POL be “reversed” directly?
The stolen coins are stuck in blacklisted addresses. They can’t be moved or returned. At 01:08 Beijing time on November 5, a PIP proposal appeared on Polygon’s official forum. It offers the most direct—and most controversial—solution: a hard fork.
According to the proposal:
1. Five addresses controlled by the attackers hold a total of about 70.49 million native POL: around 23.86 million across four addresses related to the Polymarket incident, and around 46.63 million in one address related to the Binance incident.
2. At the victims’ request, block producers added these addresses to a transaction blacklist at the end of October. The funds are locked, but the current mechanisms can’t return them.
3. The proposal requests a coordinated hard fork at a specific block: zero out the native POL balances in these addresses and credit the same amounts to recovery addresses designated and verified by Polymarket and Binance. The total supply would remain unchanged. USDT in the same addresses has already been frozen by Tether and is not included.
4. The proposal itself says this is an “extreme measure that should not become standard practice.” It also says the attackers offered validators a bribe to help unblock the transactions.
5. Timeline: The proposal will be presented at the Polygon Protocol Governance meeting tonight at 22:30 Beijing time. The activation block and client version are both listed as “to be determined after approval.”
A few things to keep in mind:
· This is a proposal on the forum, not a decision that has already been approved.
· The proposal estimates the POL at around $6.5 million, based on the October 29 price of $0.0924. That’s the proposal’s estimate.
· Nodes that don’t upgrade will follow a different chain after the fork block, so nodes, exchanges, and block explorers will all need to coordinate.
Here’s the uncomfortable truth: “Immutability” has never been a law of physics; it’s a consensus. If the consensus agrees to change something, balances can be changed. The question is: now that this has been changed, who decides what qualifies next time?
Would you support using a hard fork to recover stolen coins? Share your reasons whether you’re for or against. We’ll come back with the answers after tonight’s meeting.
#Polygon #硬分叉 #链上治理 #安全 $POL
The stolen coins are stuck in blacklisted addresses. They can’t be moved or returned. At 01:08 Beijing time on November 5, a PIP proposal appeared on Polygon’s official forum. It offers the most direct—and most controversial—solution: a hard fork.
According to the proposal:
1. Five addresses controlled by the attackers hold a total of about 70.49 million native POL: around 23.86 million across four addresses related to the Polymarket incident, and around 46.63 million in one address related to the Binance incident.
2. At the victims’ request, block producers added these addresses to a transaction blacklist at the end of October. The funds are locked, but the current mechanisms can’t return them.
3. The proposal requests a coordinated hard fork at a specific block: zero out the native POL balances in these addresses and credit the same amounts to recovery addresses designated and verified by Polymarket and Binance. The total supply would remain unchanged. USDT in the same addresses has already been frozen by Tether and is not included.
4. The proposal itself says this is an “extreme measure that should not become standard practice.” It also says the attackers offered validators a bribe to help unblock the transactions.
5. Timeline: The proposal will be presented at the Polygon Protocol Governance meeting tonight at 22:30 Beijing time. The activation block and client version are both listed as “to be determined after approval.”
A few things to keep in mind:
· This is a proposal on the forum, not a decision that has already been approved.
· The proposal estimates the POL at around $6.5 million, based on the October 29 price of $0.0924. That’s the proposal’s estimate.
· Nodes that don’t upgrade will follow a different chain after the fork block, so nodes, exchanges, and block explorers will all need to coordinate.
Here’s the uncomfortable truth: “Immutability” has never been a law of physics; it’s a consensus. If the consensus agrees to change something, balances can be changed. The question is: now that this has been changed, who decides what qualifies next time?
Would you support using a hard fork to recover stolen coins? Share your reasons whether you’re for or against. We’ll come back with the answers after tonight’s meeting.
#Polygon #硬分叉 #链上治理 #安全 $POL
