Flow Network Implements Isolation Recovery Plan Following Attack

According to ChainCatcher, Flow's official account on the X platform has provided an update regarding the recent attack on its network. The network has decided against rolling back or restructuring, opting instead for an 'Isolation Recovery Plan.' Key points of the new strategy include: 1. No rollback or reorganization, preserving all legitimate user activities. 2. No need for partners to replay transactions. 3. Over 99.9% of accounts remain unaffected and will resume normal operations upon restart. 4. Temporary restrictions will be placed on accounts receiving illegally minted tokens during the restart. The network recovery will occur in phases: Phase one involves the launch of the Cadence environment, with temporary limitations on the EVM. Phase two will see Cadence repairs, expected to take approximately 24-48 hours. Phase three includes EVM repairs and a restart. Phase four will restore cross-chain bridges and exchanges, with the exact timing determined by operators after confirming stability.