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Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole


Ethereum World News
2022-07-27 17:21:03

Summary: The Harmony Protocol team has proposed a reimbursement plan that involves hard-forking the chain. The plan involves two options: minting 4.97 billion ONE for full reimbursement or 2.48 billion ONE for 50% reimbursement. The minted ONE will then be distributed within three years. The team at Harmony protocol has proposed a reimbursement plan to make whole its community members affected by the $100 million exploit carried out by the state-sponsored North Korean hacker group, Lazarus. The proposal involves Forking […]


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