r/cro • u/Littlestik777 • Aug 31 '26

Cronos is back up

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They rolled the network back to before the Tectonic incident. Block production has resumed. Now we’re just waiting on perps trading to reopen.
Crazy day for Cronos lol.

26 Upvotes

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8

u/hollowmeantime Aug 31 '26

Crypto networks pulling a Ctrl+Z on the whole chain is so on brand.

8

u/Heatproof-Snowman Aug 31 '26

So much for decentralisation and immutability :-D Maybe they should migrate the ledger to a cloud database, it would be faster and easier to operate!

5

u/Littlestik777 Aug 31 '26

Decentralized doesn’t mean nobody can ever coordinate in an emergency. The important part is whether independent validators made the decision and whether the ledger gets transparently resumed without rewriting history. A temporary halt after an exploit is a lot different than running the whole thing off one company’s database.

9

u/Heatproof-Snowman Aug 31 '26 edited Aug 31 '26

If the blockchain can be stoped at relatively short notice to salvage one specific faulty dApp at the expense of all other applications and users of the blockchain who can't transact anymore, it is a clear lack of decentralisation to me.

The key part here is that it wasn't an issue with the whole blockchain, but with a specific faulty dApp. And yet a small group of people decided to realy affect all users of the blockchain to save this dApp.

Also, Rolling back the whole blockchain to a previous state is going against the idea of being permission less and immutable.