Yesterday Binance was hacked fgor $40 Million worth of BTC equivalent to 7000 BTC at todays price.
Well we have heard of hacks before what we have never heard of is the mention of rolls backs.
What do you mean Roll Back.
Binance techs have suggested taking 51% control of the miner power and rolling back this transaction.
Does any one else have a problem with this?
It seems like the most retarded solution EVER.
Binance is a separate cryptocurrency related service. They are taking people's money and in exchange providing them the currency exchange service. And they are taking other people's money
at their own fucking risk.So what we get in the end is that Binance lost big amount of money and instead of paying compensations they are asking the entire community to centralize the entire blockchain.
How about repaying those $40 mln from their own pockets? I bet Binance would be able to find such money.