According to TechFlow, the OpenTensor Foundation said it will restore the normal operation of the Bittensor blockchain as soon as possible. Currently, the Bittensor blockchain runs in safe mode and is protected by a firewall to ensure the security and integrity of the system.
In safe mode, all transactions are prohibited, including registration requests for subnets and miners, so there is no risk of being deregistered. Although the chain state is inaccessible, the rewards for miners, validators, and subnet owners are still accruing.
The Foundation is actively responding to possible risks to ensure that it will not be attacked when resuming normal operations. Users' TAO funds are safe when not operating with Bittensor cli version 6.12.2. The Foundation team will prioritize protecting funds that may be at risk and provide more details in tomorrow's community update.
