Ethereum fork plan repeatedly fails, ANZ Bank openly "sings the opposite tune"

Regarding the recent DAO attack, it seems that every time the Ethereum community comes up with a new plan, an unexpected attack always appears halfway through.

Since the soft fork vulnerability was exposed yesterday, the Ethereum community may give up on soft forks.

Nicholas Groves, general manager of ANZ, said at the Australian Blockchain Summit that the DAO incident tells us that who controls the public chain is important.

Suppose our system runs on the Ethereum platform and has nothing to do with the DAO. But if Ethereum rolls back, we will also lose more than two weeks of data, which is too risky for banks.

In order to recover the losses of DAO investors, the Ethereum community proposed a transaction rollback plan at the beginning of the month. However, ANZ Bank is the first international banking institution to comment on this issue.

However, this is not the first time that ANZ has expressed skepticism about blockchain technology.

In May this year, Christiain Vente, general manager of ANZ Bank's international digital technology department, wrote an article on the company's blog, listing nine reasons why banks should not use blockchain technology.