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Harmony Announces Rollback to Remove Forged Token Inflation

Harmony has revealed a rollback plan to revert the blockchain to its August 11 block state, aiming to eliminate the impact of forged token inflation. This move is intended to restore network integrity after the exploit.

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AI take

A full chain rollback is one of the most consequential tools a network can deploy, because it rewrites state rather than patching around the damage — every transaction and contract interaction after the chosen block is effectively reverted, not just the forged inflation. For holders, builders and any protocol settled on Harmony in that window, the practical question is what happens to activity conducted in good faith during the affected period, since a rollback cannot distinguish it from the exploit. The open questions are how the revert is coordinated across validators and exchanges, and whether the network's credibility with builders survives a state rewrite.

Generated by AI for reference only.

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