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The Gnosis community has decided to perform a hard fork to recover the losses from the Balancer vulnerability, and node operators need to respond promptly.
[Coin World] The Gnosis community recently made a big decision - to execute a Hard Fork to recover the funds lost in the previous Balancer vulnerability incident. The good news is that those funds are now out of the Hacker's control.
Looking back at the background: Gnosis had previously teamed up with the Monerium and Balancer teams to freeze the affected liquidity pools and even restricted the outflow of assets from the Gnosis chain to other chains through the standard bridge. This series of operations was actually aimed at buying time, allowing the community to calmly plan a response.
The decision for the Hard Fork has now been implemented, and the Gnosis team is continuing to communicate and coordinate with partners within the ecosystem. At the same time, they have also sent reminders to the remaining node operators—act quickly to follow up on this fork, or you may face penalties. Throughout the process, you can see that this is not a project dealing with it alone, but the entire ecosystem is working together to manage the risks.