A message from the Haven Protocol team Following extensive investigations, it was found that an unknown amount of coins had been created in two of the conversion-based exploits. This then led us, as a community, to decide on how best to deal with the situation given the likely high amount of supply. Once the optimum block to rollback to had been identified, it then became a decision of whether to rollback or accept the unknown inflation into the network. The community overwhelmingly voted for the rollback as this was widely seen as the least damaging to the long-term security of the network.
A message from the Haven Protocol team As we prepare for the upcoming fork and rollback, we need to ensure all users are fully aware of what this means for the protocol. The rollback effectively reverses the Haven Protocol chain in time and as a consequence, there will be some follow-on effects of this action. The option of conducting a rollback was never something the team envisioned happening. Still, due to the nature of the June 2021 exploits, it became one of only two realistic options available to move forward with the project without significant risk to the project’s economics and users.
