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RE: EMERGENCY HARD FORK: Appx. 16M SWIFT WHICH BELONGED TO THE INFAMOUS SMARTNODE EXPLOITER ARE NOW REMOVED FROM THE TOTAL SUPPLY
Apologies if I missed the explanation, but what is preventing this from happening again on the new chain?
You mean the exploit? It's pretty difficult to do things like that in a blockchain that works based on Proof-of-Stake. The attackers will be need lots of stake and by hacking the chain, they will damage their own investment first.