Exploit Update, Nakamoto Coefficient, Protocol Owned Liquidity | Podcast #207

About this episode

The episode discusses updates on an exploit, the Nakamoto Coefficient, and various topics related to decentralization and protocol owned liquidity.

In this episode, we provide a marketing update, followed by a brief update on the exploit. We then dive deeper into a couple of bigger topics, such as sectioning and censoring, followed by discussions on the Nakamoto Coefficient and decentralisation. Swap now https://swap.thorchain.org/ THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required. Timestamps: 00:03:00 Kenton Marketing and Swap Interface Update 00:07:00 Chad gives a recovery update 00:08:00 KeyVerify has not been functional yet 00:10:00 GAIA IBC infinite mint bug was patched 00:11:00 KeyVerify is not necessary, but it's nice to be 100% safe 00:13:00 Is it a single node holding things up? 00:15:00 Ban Mimir discussion 00:18:00 Churn-out talk for nodes that are asleep at the wheel 00:19:00 How did the ban function work? 00:20:00 What if node or nodes could kick out other nodes? 00:21:00 The network will only allow 1/3rd to leave at a time 00:23:00 Badger protocol was attacked with a script on the website in the past 00:24:00 To Chad's knowledge, no one is being slashed 00:25:00 3.19.1 is coming today or…

People in this episode

Guests: Kenton, Chad

Topics covered

• exploit update
• Nakamoto Coefficient
• decentralization
• protocol owned liquidity
• marketing update

Keywords

• THORChain
• exploit
• Nakamoto Coefficient
• decentralization
• protocol owned liquidity
• marketing update
• Badger protocol

Mentioned in this episode

Organizations: THORChain, Badger protocol

Books & works: GAIA IBC infinite mint bug

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