A proposal, called “EIP 867: Standardized Ethereum Recovery Proposals,” is making many members of the Ethereum community concerned. The idea behind the proposal is to create a framework that would clarify and normalize the process of recovering lost funds on the network. The problem is, doing this could destabilize Ethereum, negate immutability by making transactions possibly reversible, and even cause legal ramifications for developers.
Millions of Dollars Lost
Regarding the Parity wallet bug, over $400 million worth of Ether has been effectively lost. Since then, the company has been trying desperately to
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