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Omid Malekan and Lorenzo Valente debate blockchain rollbacks after $6B Binance hack
The debate underscores the tension between blockchain's immutability and the need for security measures, impacting trust and future governance.
Desk
Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.
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Dextape context
Built from Dextape’s own wire, stories and glossary.
Terms in this story
- Blockchain
- A shared, ordered record of transactions, grouped into blocks, that independent computers check against the same protocol rules.
- Governance
- The process for deciding changes to a protocol and its settings, whether through token-holder votes, a foundation or core developers.