Security· ★★★· bearish·

Zano to roll back blockchain by a month after gateway address exploit

  • —Network restarted from block 3,833,000, before hardfork 6 that introduced the flaw
  • —Gateway Addresses bug allowed minting of unauthorized ZANO and fUSD
  • —Rollback wipes a month of legitimate transactions; losses to be compensated
  • —Nodes, miners, stakers and exchanges must install the update
Why it matters: A month-long rollback damages trust in Zano and sets a precedent that minting exploits can force a full chain restart.
Source: CryptoHamster