BroadChain learned that at 16:16 on April 22, according to U.Today, Ripple CTO David Schwartz defended the Arbitrum Security Council's decision to freeze over 30,000 ETH related to the KelpDAO attack, comparing it to the Bitcoin 2010 vulnerability incident.
Schwartz pointed out that in 2010, Bitcoin experienced an integer overflow vulnerability that led to the creation of 184 billion BTC, which the community later fixed through an emergency hard fork. He argued that the Arbitrum Security Council's actions align with the logic of the Bitcoin community's response back then, both aimed at protecting user assets and network integrity.
This incident has sparked discussions within the crypto community about the boundaries of decentralized governance. Supporters believe emergency intervention is a necessary security measure, while critics worry that such concentration of power could violate the principle of blockchain immutability. Schwartz's analogy attempts to provide historical justification for Arbitrum's decision, but the controversy continues.