The Ethereum community has introduced the Ethereum Fund Recovery Protocol (EFRP) to address the issue of inaccessible ETH due to technical vulnerabilities. Launched as an Ethereum Improvement Proposal on November 5, 2025, the EFRP aims to recover lost ETH through smart contracts and a Technical Council DAO, without modifying Ethereum's core protocol. This initiative specifically targets incidents like the 2017 Parity Wallet Freeze, which resulted in 513,743 ETH being locked, valued at over $150 million at the time.
Ethereum Proposes Protocol to Recover Locked ETH Funds
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
