THORChain Mega Dev Update

Summary of THORChain Development Update from Aug 30th - Nov 7th

0xJett

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:

Next Milestones:

Additional details can be found in the full article here.