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The FLOW project recently staged a rare operation in the industry. Here's what happened: without possessing the private keys of the exchange address, the project team forcibly froze and transferred assets from the exchange address through protocol permissions. This is the first time such an incident has occurred in the history of blockchain development, directly challenging the industry's fundamental consensus of "private keys equal justice."
After the incident, a leading exchange immediately contacted the FLOW project team. This event exposed a deeper issue: even mature blockchain projects still have significant vulnerabilities in protocol permission design. Where should the boundary of permissions for project teams be drawn? How can user asset security be ensured? These questions warrant a re-examination of the entire ecosystem.