Review on THORChain by francis fernandez
THORCHAIN: a comprehensive ecosystem to generate liquidity through the exchange of assets
THORCHAIN is a platform for the exchange of assets between cross-blockchains in order to generate a decentralized liquidity system without linked or inclusive tokenization.
What are the benefits of this THORCHAIN platform? THORCHAIN creates an ecosystem focused on generating liquidity that facilitates:
• Place bets to receive winnings in return. • Allows the interaction of assets between different chains of blocks.
• Allows network operation through a node or server.
• Offers reasonable fees in exchange for access to cash flow
• Offers the ability to convert directly from compatible wallets.
• Allows the use of swap technology without restrictions or intermediaries.
• Exchange of connected assets without limitations.
• Offers a capital always attached to the network.
What is THORCHAIN technology?
THORCHAIN employs cutting-edge technology to create a comprehensive network of blockchain-based solutions encompassing solutions to solve liquidity issues quickly and reliably spanning wallets, mining pools, digital bulletin boards, and secure nodes.
The server system of the THORCHAIN network is competitive in terms of capital insertion and they receive 2/3 of the profits of the ecosystem. To offer greater security, these nodes work under anonymity.
THORCHAIN uses the node bonds as responsible for maintaining the operation of the network and guaranteeing its high performance and security. In this way it creates a decentralized, secure and fast cash flow system.
Pros
- Allows liquidity generators to earn commissions and control rewards by blocking
- Allows you to bet on existing assets or generate other assets.
- Provides liquidity always available and not limited or linked to a token.
Cons
- There are no disadvantages in its use.
