According to TechFlow, the OpenTensor Foundation said it will restore the normal operation of the Bittensor blockchain as soon as possible. The Bittensor blockchain is currently running 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 of miners, validators, and subnet owners are still accruing.
The Foundation is actively addressing possible risks to ensure that it will not be attacked when resuming normal operations. Users' TAO funds are safe as long as they are not operated using 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.
