Security is always first for THORChain, and recently, THORChain Node operators practiced a drill called "Code Red".
Today THORChain node operators practised “Code Red”.
— THORChain (@THORChain) August 2, 2022
Each node can pause the network for 1hr if they spot anything suspicious. Any other node can unpause.
Nodes have the most at stake and globally monitor the network 24/7.
This feature protects user funds. Onwards. $RUNE pic.twitter.com/otqLWk73DS
Because nodes have the most at stake and globally monitor the network 24/7, the Code Red feature makes it possible for a node to pause the network for 1hr if they spot anything suspicious. Any other node can unpause.
If the network (or a bifrost) is ever compromised then it can quickly pause signing. The txOut queue will grow, but the network can react. A node can only pause once per 7 days and any node can unpause as soon as possible.
This feature helps keep the network/funds safe and minimize a potential exploit.
Other security features available are:
