Ethereum core developer Tim Beiko has cautioned against any potential move to roll back the Ethereum network despite growing calls from the broader crypto community to do so in the wake of Bybit’s $1.

Ethereum core developer Tim Beiko said in a Feb. 22 X post that the “reasonably sounding proposal” for an Ethereum network rollback after the significant Bybit hack is “technically intractable.”

Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures traders saw mass liquidations, with $76 million wiped out in four hours