2.
@THORChain has been operating a testnet from day 1 to ensure proper testing of new features and updates.
However, the individual blockchains (eg $eth's testnet) did not behave at all like the real ones.
Eg. MEV bots, flashbots, empty blocks and other things
@THORChain has been operating a testnet from day 1 to ensure proper testing of new features and updates.
However, the individual blockchains (eg $eth's testnet) did not behave at all like the real ones.
Eg. MEV bots, flashbots, empty blocks and other things
3.
This led to the creation of a stagenet. A testnet with real chains and real assets at stake.
Bug bounty contributors and whitehat hackers can test their theories in real life settings without attacking the real network.
Features can be tested in real life settings.
This led to the creation of a stagenet. A testnet with real chains and real assets at stake.
Bug bounty contributors and whitehat hackers can test their theories in real life settings without attacking the real network.
Features can be tested in real life settings.
4.
Chaosnet is just the name for the beta version of Thorchain. We are still in it, and are expected to move towards mainnet a few months from now.
Right now we are operating under manually set liquidity caps, next week that will soon be lifted and start adjusting to collateral
Chaosnet is just the name for the beta version of Thorchain. We are still in it, and are expected to move towards mainnet a few months from now.
Right now we are operating under manually set liquidity caps, next week that will soon be lifted and start adjusting to collateral
5.
There was an organized push from the investors to go to mainnet early.
That's because seed investors did not unlock any tokens so far, 4 years into it. Original plan was for mainnet achieved in 6 months.
There was an organized push from the investors to go to mainnet early.
That's because seed investors did not unlock any tokens so far, 4 years into it. Original plan was for mainnet achieved in 6 months.
https://twitter.com/THORmaximalist/status/1504333585976856579?s=20&t=N2VB3ESY7FtS-IL8BtTP2g
6.
There was a compromise attained : investors would use their $rune as utility tokens for at least a year, without the possibility of selling any. Theses $rune are getting bonded in node's collateral, creating more LP cap space.
There was a compromise attained : investors would use their $rune as utility tokens for at least a year, without the possibility of selling any. Theses $rune are getting bonded in node's collateral, creating more LP cap space.
7.
Mainnet will be achieve when the core dev feel confident in it's stability.
There has been multiple discussions about the factors to determine when that begins... it always includes a year without serious incidents.
Mainnet will be achieve when the core dev feel confident in it's stability.
There has been multiple discussions about the factors to determine when that begins... it always includes a year without serious incidents.
8.
There is no meaningful differences between chaosnet and mainnet. It isn't a big milestone.
Liquidity caps will always reflect bonded $rune. When we reach enough $rune in bonds, the price reflexivity will always create more cap space in the liquidity pools.
There is no meaningful differences between chaosnet and mainnet. It isn't a big milestone.
Liquidity caps will always reflect bonded $rune. When we reach enough $rune in bonds, the price reflexivity will always create more cap space in the liquidity pools.
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