Is THORChain (RUNE) Undervalued? with Erik Voorhees and Chad Barraford
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 28 November 2023
⏱️ 46 minutes
🧾️ Download transcript
Summary
What is THORChain? Join David as we explore the liquidity protocol that allows swapping between BTC, ETH, and more without intermediaries.
Chad Barraford is a core developer at THORChain, and Erik Voorhees is a Bankless staple who has found a deep resonance with THORChain's mission.
Is THORChain helping build the Bankless future? Come find out.
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TIMESTAMPS
0:00 Intro
3:30 What is Thorchain
7:10 Erik and Shapeshift
10:20 How it Works
13:40 Is this a Bridge?
17:00 Staking and Security
20:00 Rune
28:45 Bitcoin and Ethereum
32:20 Latency
36:00 The Bull Case for Thorchain
38:40 Specialization
40:40 The Roadmap and Community
44:00 Get Involved
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RESOURCES
Erik Voorhees:
https://x.com/ErikVoorhees?s=20
Chad Barraford
https://x.com/CBarraford?s=20
THORChain Website
https://thorchain.org/
THORChain Twitter
https://twitter.com/thorchain
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What is Thor Chain? I don't know, but I'm here to find out, and to help me learn about |
| 0:09.4 | what Thor Chain is, I've brought on two people with me on the show today. First, Chad |
| 0:14.4 | Beraford, one of the core developers of the Thor Chain project, as well as Eric Voorhees. |
| 0:19.1 | Bitcoin OG, who discovered Thor Chain, to be the spiritual, protocolized descendant of his |
| 0:24.2 | old centralized shapeshift exchange. View are looking to understand what Thor Chain is, |
| 0:28.9 | how it works, why the rune token captures value, and how Thor Chain can change the crypto landscape |
| 0:34.4 | than this episode is for you. Bankless Nation, I do not own any rune myself, and bankless has a |
| 0:39.7 | company holds no position in this particular project. We are simply here to just learn and explore |
| 0:44.6 | and to give projects like Thor Chain that are in pursuit of helping build a bankless future of voice |
| 0:50.3 | to the rest of crypto to showcase what they are building and why they are building it. So, |
| 0:54.2 | time to put your learning hat on. Let's get into the conversation with Chad and Eric. |
| 0:57.6 | But first, a moment to talk about some of these fantastic sponsors that make the show possible, |
| 1:01.2 | especially Kraken, our preferred centralized exchange for crypto in 2023 and 2024. If you have any |
| 1:06.9 | fiat boomer bucks left, Kraken is the exchange for you to turn your fiat bucks into crypto assets. |
| 1:13.1 | That's the place where I do it. That's the place where you should do it too. If you do not have an |
| 1:16.3 | account with Kraken, consider clicking the link in the show notes to getting started with Kraken today. |
| 1:20.3 | Kraken knows crypto. Kraken's been in the crypto game for over a decade, and as one is the |
| 1:25.2 | largest and most trusted exchanges in the industry, Kraken is on the journey with all of us to see |
| 1:30.1 | what crypto can be. Human history is a story of progress. It's part of us, hard-wired. We're |
| 1:35.6 | designed to seek change everywhere, to improve, to strive. And if anything can be improved, why not |
| 1:41.6 | finance? Crypto is a financial system designed with the modern world in mind. Instant, |
| 1:46.6 | permissionless, and 24-7. It's not perfect, and nothing ever will be perfect. But crypto is a world |
... |
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