THORChain cofounder says protocol is more decentralized than Bitcoin and Ethereum
- —The September 2026 Bitget hack is estimated at $387.5 million
- —THORChain declined to freeze funds linked to the hackers
- —Mimir governance changes require two-thirds validator approval
- —Address blacklisting was retired in February 2025 for neutrality
Why it matters: The dispute shows that decentralization claims should be judged by governance mechanics and how few validators can trigger emergency actions.
Source: Crypto Briefing