Overview
- The Polygon Improvement Proposal posted November 4 asks validators to hard-fork the Polygon PoS mainnet to move about 70.49 million POL from five attacker-controlled addresses back to verified recovery wallets.
- The funds break down to roughly 23.86 million POL across four addresses tied to Polymarket and about 46.63 million POL in one address tied to a Binance hot wallet, values drawn from late‑October prices.
- Polygon block producers have placed the five attacker addresses on transaction deny lists, but the proposal says that stopgap is operationally fragile because each producer must restart software to update the list and the attacker has tried very high-fee transactions and alleged bribery.
- The PIP is under discussion on Thursday’s Protocol Governance Call and, if approved, developers plan about two weeks of client work and rehearsals on the Amoy testnet before selecting an activation block that will require wide operator upgrades.
- Supporters frame the change as an exceptional, supply-neutral fix limited to native POL balances while critics warn it creates a precedent that could invite future requests to rewrite ledger history and raise legal and decentralization concerns.