THORChain Weekly Dev Update #90

THORChain introduced Weekly Dev Update for Week 90, 20–29 Apr about Chaosnet Stability, Fixes, Ledger, Community Updates, XDEFI Integration.

Low-Gas Gremlins

4 updates were rapidly pushed to MCCN in order to address issues that had cropped up. The most significant of which was low-gas errors, where Nodes would report low-gas on chains, then broadcast outbound transactions. On UTXO chains this generally isn’t a problem since the process of “ChildPaysForParent” allows once pending UTXO to be consumed again, bumping up the gas rate.

Solvencies

While funds were lost to duplicate transactions and node slash events, no funds were lost from unknown errors or theft. The treasury ultimately suffered a loss of around $50k, taking into account returned funds, and this was to the benefit of ecosystem users. The project and community are comfortable with this, noting the “expect chaos” messaging and realisation that not everything can be found and tested on Testnets.

What is THORChain?

THORChain is the first decentralized protocol to actively address liquidity by incentivizing users to stake liquidity rather than store assets in cold-wallets or completely off-line.

📰 INFO:

https://medium.com/thorchain/weekly-dev-update-90-30ad4d9e9df7