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]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago
  • You need to login to comment.