Balancer hack: hard fork
AI summary of the linked articleGnosis Chain contributors, validators and stakeholders are preparing a hard fork intended to create a technical path for the potential return of stolen funds after the Balancer exploit affecting Balancer-managed contracts on Gnosis Chain. Node operators have 10 days to update to the new releases, and the fork is set to activate at 16:11:40 UTC on December 22nd, with nodes not following the majority-stake chain facing penalties. The team says it is focused on enabling funds to be recovered by Christmas, and it has delayed the Fusaka hard fork, now planned to execute on Chiado before Christmas and on mainnet in the new year. |
1 comment mishaSubmitter The releases are now available and node operators have 10 days to update in order to remain in sync as determined by validator consensus. The hard fork is set to activate at 16:11:40 UTC on December 22nd. Nodes that do not follow the chain with a majority of stake will get penalized. |