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Flow Foundation Nears Restart Plan After Recent Network Attack

Flow has chosen an isolation recovery over a rollback, detailing a phased approach including Cadence fixes, EVM restoration, and eventual service resumption.

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FLOW

Summary

Flow announced it will not roll back the network following a recent attack, instead implementing an isolation recovery plan. The phased strategy includes launching the Cadence environment, applying Cadence fixes within 24–48 hours, restoring the Ethereum Virtual Machine (EVM), and eventually resuming cross-chain and exchange operations.

Terms & Concepts
  • Flow Foundation: An organization supporting the Flow blockchain network, which facilitates decentralized applications and digital assets.
  • Network Attack: A malicious attempt to disrupt, compromise, or gain unauthorized access to a blockchain or other computer network.
  • Ethereum Virtual Machine (EVM): A decentralized computing engine that executes smart contracts on the Ethereum blockchain, compatible with various blockchain networks.