In this series, LPU aims to give regular condensed “state of THORChain” updates. Enjoy! 1. Next Chain Vote This signaling vote from the Node Operators ended with BSC getting the highest votes, followed closely by XHV (and DASH a commendable third). …

What is the difference between Cosmos SDK and Cosmos Hub? When do I have to use the Axelar bridge, IBC or the standard send transaction on Keplr wallet? Here’s the overall summary in flowchart form, but let’s unpack it below. First, the Cosmos Software Development Kit (SDK) is NOT a…

Have you ever made a transaction on THORChain and experienced a bit of panic, as you see the spinning wheel and wonder when your transaction will be completed? Here we will lay out the designed “delays” that blockchains and THORChain specifically have intentionally built-in to ensure optimal security. 1- UTXO…

Single sided yield and protocol owned liquidity on THORChain: how will these new features work? First, we need to understand how THORChain Synthetics (or Synths) work. Lots of resources (e.g. https://medium.com/thorchain/activation-of-synthetics-5064e0f43301), …

In this new series, LPU aims to give regular condensed “state of THORChain” updates. Below you will find what we hope to be the first of many. Enjoy! 1. Next Chain Vote & Privacy Discussions Previously, the developers (including Nine Realms) were guiding the choice of new chain integrations, starting…

THORChain is designed to be both configurable and reactive to changing needs, market conditions, and even potential exploits. One of the ways this is done is via a set of parameters called the “Constants https://midgard.thorchain.info/v2/thorchain/constants” and the“Mimirs https://midgard.thorchain.info/v2/thorchain/mimir”. …

One of THORChain’s core design tenets is to avoid external dependencies like external price oracles (e.g. Chainlink). How then does THORChain “know” the prices of each asset? THORChain achieves this asset price knowledge by being self-contained in its native cross-chain liquidity pools. Every pool is independently arbitraged to keep the…

Have you ever wondered how THORChain works under the hood? Below you can find a simplified explanation of some of the elegant designs powering THORChain. Asgard Vaults THORChain is its own blockchain (built on Cosmos SDK Tendermint) and operated by up to 120 validator nodes. The beauty of THORChain is…

This article will introduce in digestible format how to transfer assets from the Cosmos blockchain to other IBC-enabled blockchains, and vice versa. The “backbone of the Cosmos ecosystem”, the Inter-Blockchain Communication protocol (IBC) allows blockchains to communicate with each other, and in so doing, handles asset transference across different blockchains…