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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

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