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FLOW project exposes a major security vulnerability, and a leading exchange quickly halted FLOW trading activities. This is a responsible attitude towards user asset safety.
What’s even more alarming is the project team’s response approach. In their communication with the exchange, they actually planned to use extreme measures like "freezing wallets" and "indiscriminate asset destruction" to patch the漏洞—this not only includes user assets but also the funds held in custody by the exchange, all on a "list."
In other words, it’s a disguised form of asset confiscation. The technical issue with the project leads to punishment for innocent token holders and the trading platform. This "freeze first, compensate later" tactic cannot fundamentally resolve the trust crisis and may accelerate the collapse of the project ecosystem. If users’ FLOW is frozen today, will they dare to continue supporting this project tomorrow? Will the exchange dare to keep providing services?
The true solution should involve transparent communication, establishing reasonable compensation plans, and implementing gradual repair mechanisms, rather than resorting to asset destruction akin to nuclear weapons. This incident serves as a wake-up call for all on-chain projects—security audits and governance transparency must be prioritized from the ground up.