THORChain Network Operation Roadmap
← Back to News

THORChain Mega Dev Update

The THORChain Dev team has released an update of development progress from Aug 30th - Nov 7th.

Main Updates:

  • All security audits have concluded and all supported chains have restarted
  • The report on the THORChain audit will be released soon
  • Moving forward, all PRs must be reviewed and approved by the THORSec team
  • A series of serious bugs were found and responsibly disclosed. These bugs have been patched
  • Approximately 67 THORNode and 2 Midgard updates have been released to the network
  • 364K RUNE that were not emitted as block rewards due to the network halt will be paid out soon. Payout details are here
  • The network faced TSS signing issues upon restarting the BTC chain which delayed transactions. These problems have been resolved
  • An ERC20 whitelist has been implemented to protect the network from malicious tokens
  • The team has decided that IBC is not suitable for THORChain, and instead will use their existing Bifrost protocol for connecting to Cosmos blockchains
  • Discussions around protocol insurance are still in progress, with self-insurance being preferred over an insurance provider
  • The cap on pooled RUNE has been increased a couple times, and now sits at 15M

Bridge Development:

  • Dash, Decred, and Solana bridges are all in progress
  • Terra is expected by the end of the year
  • Monero is undergoing scoping. Discussions are in place

Next Milestones:

  • Churn Nodes and shard Asgard Vault
  • ETH V3 Router Upgrade
  • Activate Synths and THORNames
  • Connect new bridges
  • Release Vault Nodes (formally Lite Nodes)

Additional details can be found in the full article here.

Like what you see? There's a lot more to come. Subscribe here to have RUNEBase guides, updates, and resources sent to your inbox.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.