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Thorchain - ICO rating and details | | CoinMarkets
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 Thorchain

Thorchain

Decentralised Exchange Protocol

Website

THORChain is a highly optimised multi-chain using pBFT consensus to achieve sub-second block finality. Tokens are traded on single chains, known as tokenChains with discrete address spaces. Multi-set sharding is proposed to allow byzantine resistant scaling. The native protocol facilitates on-chain trading and order matching at the protocol level, supporting both limit and market orders.


About Thorchain

THORChain is a highly optimised multi-chain using pBFT consensus to achieve sub-second block finality. Tokens are traded on single chains, known as tokenChains with discrete address spaces. Multi-set sharding is proposed to allow byzantine resistant scaling. The native protocol facilitates on-chain trading and order matching at the protocol level, supporting both limit and market orders. Continuous liquidity pools ensure liquidity is always available for any token pair, and double as the source of trustless on-chain price feeds, a cornerstone of the protocol. Fee incentives are designed to continually attract on-chain liquidity. On-chain token generation is built-in for both fixed and variable supply tokens, with the potential for auditable collateralized stablecoins. Two-way pegs with UTXO, account and contract-based cryptocurrencies allow most existing cryptocurrencies to seamlessly move on and off THORChain. Transparent developer incentivisation strategies allow wallet and exchange developers to be funded at the protocol level which will encourage a vibrant developer community. On-chain governance and smart updates with enforced voting and quadratic voting ensures THORChain is an adaptive and iterative platform that grows with its needs without contentious hard forks. THORChain is built to be compatible with the Flash Network; a layer 2 payment channel network.

The Team

Paul Gangemi

ENGINEER

Alan Vantoai

MANAGEMENT, MARKETING

Matt Nguyen

DEVELOPER

Gareth Walsh

MANAGEMENT

Jazear Brooks

SENIOR DEVELOPER

Esco Obong

BLOCKCHAIN DEVELOPER

Aidan Musnitsky

SENIOR SOFTWARE ENGINEER

Philip Stanislaus

BLOCKCHAIN DEVELOPER

Chaitanya Shah

DEVELOPER

Jessica Watson

MILLER PRODUCTION MANAGER

Stefan Beyer

PHD CS, UNIVERSITY OF MANCHESTER

Steven Alchemy

ADVISOR, INVESTOR

Jon Carr-Harris

 

Jim Shiyu Jin

ADVISOR, INVESTOR

Beau Stoner

ADVISOR, INFLUENCER

Darren Toh

ADVISOR, COMPLIANCE

Florian Ducommun

ADVISOR, LAWYER

John-Paul Thorbjornsen

CEO, ADVISOR

Financials

Token Info

Type
ERC20
Price in ICO
0.00008 ETH = 1 RUNE
Tokens for sale
500,000,000

Investment Info

This data is not yet available.

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