Ethereum, the second-largest cryptocurrency by market capitalization, has been making headlines recently due to a controversial proposal to roll back the network in order to recover lost funds. However, according to Ethereum core developer Tim Beiko, this solution is not feasible from a technical standpoint.

The proposal to roll back the Ethereum network came after a major hack on the Poly Network, a decentralized finance platform, which resulted in the theft of over $600 million worth of cryptocurrency. In response, the Poly Network team reached out to the Ethereum community for help in recovering the stolen funds. This sparked a heated debate within the community, with some calling for a network rollback to reverse the hack and return the funds to their rightful owners.

However, Beiko argues that a network rollback is not a viable solution. In a recent tweet, he stated that it is “technically intractable” and would require a significant amount of coordination and resources from the entire Ethereum ecosystem. He also pointed out that such a move would go against the principles of decentralization and immutability that are at the core of the Ethereum network.

Beiko’s comments have been met with mixed reactions from the community. While some agree with his stance and believe that a network rollback would set a dangerous precedent, others argue that it is necessary to protect the integrity of the Ethereum ecosystem.

Despite the ongoing debate, it seems unlikely that a network rollback will happen. The Ethereum community is known for its strong commitment to decentralization and immutability, and any attempt to reverse transactions would be met with resistance.

In the meantime, the Poly Network team has been working with various blockchain projects to recover the stolen funds. They have already received a significant portion of the stolen assets back, and it is expected that the rest will be returned in the coming days.

The incident has once again highlighted the need for better security measures in the decentralized finance space. As the popularity of DeFi continues to grow, it is crucial for developers and users to prioritize security to prevent similar hacks from happening in the future.