Express

Decentralized Cross-chain Transaction Protocol Thorchain Will Go Live Tuesday

Amy Liu

Summary: Thorchain, a standalone blockchain for decentralized crypto trading, is set to go live Tuesday. Thorchain works a lot like other automated market makers (AMMs) such as Bancor and Uniswap, but with an important difference: it enables trades of real cryptocurrencies from completely different blockchains – not “wrapped” or synthetic versions.  “April 13 is delivering on ...

Thorchain, a standalone blockchain for decentralized crypto trading, is set to go live Tuesday.

Thorchain works a lot like other automated market makers (AMMs) such as Bancor and Uniswap, but with an important difference: it enables trades of real cryptocurrencies from completely different blockchains – not “wrapped” or synthetic versions. 

“April 13 is delivering on the initial promises of the white paper: Delivering on a multichain chaosnet,” Chad Barraford, the technical lead at Thorchain said. “You’ll be able to swap freely from one chain to another, one asset to another.”

By Amy Liu

Last Update:

Tags: ,,
Link: Decentralized Cross-chain Transaction Protocol Thorchain Will Go Live Tuesday   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 12 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago

    • You need to login to comment.