"Closed group of validators" is a big fat twisted narrative (not blaming @FatManTerra)

Before validators involvement:
- 4-5 days had passed (yet to see communication on what was done there)
- the whole ecosystem had come down crashing
- luna supply had hit several trillions

🧵

- supply was going through the roof

My observations:
- validators were added to a chat and smart stake was invited as well
- i dont know what happened before me but it was pre-established that there was some potential bug (related to the huge supply and data type i think)

- the experts (devs / tfl / other industry icons) mentioned that if validators agree, then the chain should be stopped to apply the patch
- not knowing what had happened in last 4-5 days and seeing that the whole ecosystem was crumbling, it made logical sense to support the devs

- while some questions were naturally raised by other validators & smart stake, the scenario (my interpretation) was either apply the fix or face the potential of a broken chain
- so many chains (just look around) make urgent fixes in normal situations and this was a crisis .....

... beyond the imagination of most. as a result, urgent co-ordination was done and chain was stopped, dev's provided updated binaries with the fix, and chain was started again
- later on the same was done for disabling IBC at the request of other chains