Bankless · Wednesday, September 16, 2026
Circle's CTO Nikhil Chandhok affirmed that ARK, like other blockchains, is immutable and does not support rollbacks to recover lost funds. He stressed the importance of users exercising caution when interacting with token contracts on the network, emphasizing that the blockchain does not possess special powers to alter transactions.
“it is all immutable. Like it is not like, it is like any other blockchain. Like unfortunately or fortunately, like I think there's pros and cons to immutability.”
“What you're describing is a con. I'm not interested in rolling back the chain for, for anything. Like, unless there's like a rolling back, the chain is not a property, is not a property of the chain, right?”
“We don't have any special powers like essentially over here, like change the course of the transactions.”