Core DAO Hard Forks to Prevent Validator Reward Exploitation
Core DAO has announced an emergency hard fork due to concerns over its validator reward program. The move is aimed at preventing the project from being exploited by malicious actors who have been taking advantage of the current system.
According to the developers, a group of validators had been receiving excessive rewards, which could potentially destabilize the network's security and integrity. To mitigate this risk, the team has decided to implement an emergency hard fork, which will reset the validator reward program and ensure that all participants are on an even playing field.
The decision was made after a thorough review of the project's governance structure and a consultation with the community. Core DAO's developers believe that the hard fork is necessary to protect the network from potential security threats and maintain its stability in the long run.