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Zano rolls back about a month of transactions amid recovery plan
The rollback removed roughly one month of previously confirmed transactions, after an Sept. 27 emergency release restarted the chain from block 3,833,000.
CryptoSlate reports that Zano’s team says it will fund recovery from an emergency rollback using the blockchain network’s developer fund, team members’ personal funds, and committed contributors. The update says the rollback removed roughly a month of previously confirmed transactions from the recovered Zano chain, while giving no funding amount or payment timetable.
The team said the network is stable and that it is working with partners to verify affected activity. It also said ZANO supply and emission will remain unchanged and that the named funding plan does not serve as a published guarantee that every loss will be covered.
Zano’s emergency release, published Sept. 27, restarted the chain from block 3,833,000, which the release dates to Aug. 26 at 15:50 UTC. Transactions recorded on the previous chain after that point are absent from the recovered chain, and the team said a Gateway Address vulnerability allowed unauthorized ZANO and Freedom Dollar, or fUSD, to enter circulation.
The team also said it has found no compromise of wallet spend keys or ordinary transaction privacy, and it plans a full post-mortem later. It added that eligibility rules and a claims process have yet to be released.