#MultiversXPlansHardForkRecovery
🛠️🔴 MULTIVERSX PLANS COORDINATED RECOVERY HARD FORK
MultiversX (EGLD) is preparing a coordinated hard fork recovery following a recent security incident that affected the network.
📊 KEY DEVELOPMENTS:
• MultiversX identified the root cause as an ordering error in an edge case
• The network’s response included rapid action by validators to contain the incident
• The recovery plan proposes a hard fork from a known-good checkpoint
• Recovery drills are being conducted across Testnet and Devnet with validators
• The recovery code has been made public, with testing still ongoing
• The mainnet remains in a paused state during the recovery process
⚠️ USER SAFETY NOTICE:
MultiversX has advised users not to submit or rebroadcast transactions and not to deposit or withdraw EGLD/ESDT through exchanges or cross-chain bridges until the official recovery process is completed.
🔍 WHY IT MATTERS:
A coordinated hard fork is designed to restore the network while preserving legitimate transaction history and user state. Exchanges and bridges are expected to reopen in stages after the restart.
📌 CRYPTO TAKEAWAY:
The recovery plan represents a significant step toward restoring normal MultiversX operations, but testing and validation are still underway. Users should rely on official MultiversX updates before resuming transactions.
$CELR
$LSK
$STRK
🛠️🔴 MULTIVERSX PLANS COORDINATED RECOVERY HARD FORK
MultiversX (EGLD) is preparing a coordinated hard fork recovery following a recent security incident that affected the network.
📊 KEY DEVELOPMENTS:
• MultiversX identified the root cause as an ordering error in an edge case
• The network’s response included rapid action by validators to contain the incident
• The recovery plan proposes a hard fork from a known-good checkpoint
• Recovery drills are being conducted across Testnet and Devnet with validators
• The recovery code has been made public, with testing still ongoing
• The mainnet remains in a paused state during the recovery process
⚠️ USER SAFETY NOTICE:
MultiversX has advised users not to submit or rebroadcast transactions and not to deposit or withdraw EGLD/ESDT through exchanges or cross-chain bridges until the official recovery process is completed.
🔍 WHY IT MATTERS:
A coordinated hard fork is designed to restore the network while preserving legitimate transaction history and user state. Exchanges and bridges are expected to reopen in stages after the restart.
📌 CRYPTO TAKEAWAY:
The recovery plan represents a significant step toward restoring normal MultiversX operations, but testing and validation are still underway. Users should rely on official MultiversX updates before resuming transactions.
$CELR
$LSK
$STRK
