CryptoSlate
Zano restarted its chain from block 3,833,000, dated Aug. 26 at 15:50 UTC, removing roughly a month of previously confirmed transactions from the recovered network. The team says a Gateway Address vulnerability allowed unauthorized ZANO and Freedom Dollar (fUSD) to enter circulation. It plans to fund recovery with the developer fund, team members’ personal funds and committed contributors, but has announced no amount or payment timetable.
Why it matters
The rollback changes which Zano-chain transactions are present after the restart point. It does not reverse payments already settled in USDT, DAI or other assets on separate networks, leaving cross-chain swaps and trades with potentially different outcomes on each side. The team says wallet spend keys and ordinary transaction privacy were not compromised, while a full post-mortem remains pending.
The proposed funding is not a published guarantee that every loss will be covered. Eligibility rules and a claims process have not been released. Zano says affected users do not need to file a claim yet; its verified forum account advised users to save transaction IDs and trade or exchange records. Support tickets can put cases on record, but cannot secure preapproval.
Market impact
Zano says the network is stable and that it is working with partners to verify affected activity. It also says ZANO supply and emission will remain unchanged. Exchanges, wallets and payment services must each adopt the recovered chain and announce when they are ready, so users should confirm a service has migrated before sending funds.
The team has promised further updates on wallets, services, exchanges and the vulnerability post-mortem. Until claims instructions are published, affected users do not know what records will qualify or how far the recovery funding may go.
Frequently asked questions
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Which Zano transactions were removed by the rollback?
The recovered chain restarted from block 3,833,000, dated Aug. 26 at 15:50 UTC. Transactions recorded on the previous chain after that point are absent from the recovered chain.
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What caused Zano to roll back its chain?
The team says a Gateway Address vulnerability allowed unauthorized ZANO and Freedom Dollar (fUSD) to enter circulation. A full post-mortem is pending.
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Does Zano's recovery funding guarantee reimbursement?
No. The team has named possible funding sources, but says no amount or payment timetable, eligibility rules or claims process have been published.
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Can the rollback reverse payments made in USDT or DAI?
No. Payments already settled in USDT, DAI or other assets on separate networks cannot be undone by the Zano-chain rollback.
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What should affected Zano users do while claims rules are pending?
Zano says users do not need to file a claim yet. Its verified forum account advised saving transaction IDs and trade or exchange records; users can also open a support ticket to put a case on record.
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