- Arthur Hayes, BitMEX co-founder and major ether (ETH) holder wrote a post of X to Ethereum co-founder Vitalik Buterin on whether he will “advocate to roll back the chain to help @Bybit_Official.”
- The post immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.
- Ethereum members, like the core developer teams, are vastly against “rolling back” the network because it would override core elements of decentralization.
- Ethereum technically can’t “roll back” the network because it relies on an account model, where accounts hold users' ETH.
Financial Market Newsflash
Tuesday, April 22, 2025
No financial news published today. Check back later.
