Thorchain Community Clarifies XMR Swaps Development
Thorchain Community Clarifies XMR Swaps Development
The Thorchain (TC) development team has clarified the status of XMR swaps. Despite spending a significant amount of time building libraries and conducting testnet swaps using monero multisig, the team has faced numerous issues that prevent a release to production. As a result, TC developers have decided to re-write the XMR swaps using native TSS with CN integration. TC has expressed support for @SeraiDEX and may consider the aggregation route if sufficient liquidity is established. The community addresses claims regarding default privacy concerns, dismissing them as unfounded.
To set the record straight, TC devs spent a lot of time to making XMR swaps work using monero multisig (building multiple libraries, and had swaps in testnet), but it had/has too many issues to release to prod (symptom of monero multisig). TC devs concluded it will need a
Hard to respect @THORChain when they abandoned adding Monero out of concern for its default privacy. What is the point of being a “dex” if you are not a decentralized bridge to the crypto that actually needs it. Much like zcash and dash are not true privacy coins. Opt in. Not
THORChain v3.14.0 Fixes Critical Swap Delays and Vault Issues
**THORChain v3.14.0** addresses several critical issues affecting user experience and network operations. **Key Fixes:** - **Swap Speed Restored**: Fixed bug causing trade assets (BTC~BTC) and secured assets to take ~13 minutes instead of instant settlement - **Vault Recovery**: Automated retry system for failed refunds from retired vaults, eliminating manual intervention - **Quote Consistency**: Removed randomness in quote queries to ensure same inputs always return identical results - **Outbound Safety**: All transactions now checkpointed immediately to prevent silent failures **Technical Improvements:** - Retired vault balances automatically recovered and refunded - Streaming swap time estimates now accurate for rapid swaps - Enhanced node safety with automatic retry mechanisms These updates resolve operational overhead, improve swap reliability, and strengthen the overall network infrastructure for cross-chain liquidity.
Vultisig Launches DeFi Tab for One-Tap Cross-Chain Access
**Vultisig** rolled out its new DeFi tab on iOS, enabling **one-tap access** to DeFi on Rujira Network and THORChain directly from vaults. **CALC Finance** announced grid trading coming soon to Rujira Network, offering advanced trading strategies within the native cross-chain stack. **Rujira Network** simplified cross-chain UX with omnichain logic - users just deposit USDC and the network handles everything else. No chain switching or extra steps required. **SwapKit** secured another major integration as CoolWallet joined to access THORChain routes for cross-chain flows, advancing native interoperability.
THORChain Node Operators Called to Vote on Critical Mimir Network Update
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V3.14.0 Release Scheduled for Friday with Key Fixes
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🔥 Cross-Chain Wars Heat Up
**Cross-chain competition intensifies** as most protocols rely on wrapped tokens and centralized solutions to scale. **THORChain takes opposite approach:** - Uses real assets instead of synthetic versions - No wrapped tokens or custodians required - Maintains decentralized infrastructure This creates a **fundamentally different model** - prioritizing resilience over quick scaling solutions that introduce trust assumptions. The battle lines are drawn between fast-scaling wrapped asset protocols and native asset approaches like THORChain.