DeFi· ★★★· bearish·

OKX founder Star Xu: THORChain is not truly decentralized

  • —Star Xu: THORChain node operators halted the network for 13 hours in May
  • —He said the chain stopped when the protocol's own funds were at risk
  • —He noted THORChain declined to freeze funds stolen from Bitget
  • —Bitcoin cannot be stopped, while THORChain can — it only chooses when
Why it matters: The decentralization dispute adds pressure on THORChain after the Bitget hack and criticism over its refusal to freeze stolen funds.
Source: ChainCatcher 链捕手