After an attack on the Harmony network resulted in the forging of over 3 trillion ONE tokens, the team has resorted to a extreme measure: a blockchain 'rollback' to return the chain to its pre-attack state. According to The Block, validators have agreed to scrap all blocks generated following the attack. It appears they concluded that a rollback was the safest and fairest way to recover from the shock of such a massive forgery attack.

In the blockchain ecosystem, a rollback is a rare, last-resort measure because it undermines the core principle of transaction 'immutability.' However, given the overwhelming scale of the forged tokens, this seems to have been an unavoidable choice to protect the network itself.

Since the rollback could result in the cancellation of legitimate transactions that occurred after the attack, some community confusion seems inevitable for the time being. We need to monitor how assets are reconciled following this action and watch for any potential secondary impacts on liquidity pools.

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