Discover and read the best of Twitter Threads about #Chaosnet

Most recents (4)

1./ The reason I fell in love with $LUNA is because of its magnificent value capture. Although $LUNA will always be my number one, $RUNE is definitely a token with a great value capture too.

What is @THORChain, what is $RUNE and why does it have potential?
2./ @THORChain is a cross-chain liquidity protocol. The DEX built on #Thorchain is @THORSwap. #THORswap allows users to directly swap native assets on different blockchains with only one click. So no wrapped or pegged assets. Why is this important?
3./ Usually if you want to convert $BTC to $ETH you have to exchange your $BTC to $xBTC (the ERC-20 standard) and than to $ETH. Two transactions, so two times transaction fees.
Read 14 tweets
What pushes you from participating in @thorchain_org #ChaosNet?
I do these polls not cause things are going wrong (things are moving ahead at awesome speeds actually), but rather to bring insights to @thorchain_org team so that they can adapt fast. #iterate #communicate
This is a time for the community to really sit down on a clean desk, take a coffee, read the relevant Starter Packs and try to figure out what they do/don't understand. These polls give insights to the team, but nonetheless homework will always be required.
Read 4 tweets
๐ŸŽ™ #ChaosNet Situation Update

๐Ÿ’ฐ Your funds are safe!
๐Ÿ”Œ BEPSwap is in maintenance mode / network suspended.
๐Ÿ›  The team are preparing a patch for update soon.
๐Ÿ’พ Node operators will need to update their THORNode
โŒ›๏ธ This will take at least a few hours; please be patient

1/11
Q. What happened to Chaosnet?

A. A node operator tricked the network to credit them 2x their bonded RUNE

2/11
Q. Were funds drained?

A. 38,812 RUNE was siphoned from the reserve. No staker funds were lost. The 38k RUNE will be added back to the reserve.

3/11
Read 12 tweets
โ–ถ๏ธ Why arenโ€™t #THORNodes bonding more so that the liquidity cap can get lifted during #ChaosNet?

Featuring @Delphi_Digital @lukedelphi and @swkuentzel @thorchain_org dashboards.

Part 1:
Part 2:
@THORChainHammer dashboard-delphidigital-network
Read 4 tweets

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