#THORChain Cross-chain fund control has been brought to the spotlight
GoPlus’ core point isn’t technical detail, but a qualitative judgment: validators can jointly manage cross-chain funds, and measures such as pausing signatures and Mimir governance are tools that can be used.
It cites a sample case after the Bybit attack, where about 499,000 ETH were converted mostly into BTC via THORChain within 10 days. Based on this, GoPlus believes that THORChain should restrict addresses of stolen funds that have been clearly flagged. This is an opinion; whether it will be adopted remains to be confirmed, as THORChain has not yet responded.
For holders of $BTC and $ETH , the implication is routing expectations: once “the protocol can block addresses” becomes the norm, the cross-chain cost for flagged funds rises, and normal cross-chain activity may also be affected by the same kind of scrutiny logic. One falsifiable point is that if THORChain subsequently does not give a public response, this claim will most likely remain at the level of public opinion, with signature rules staying unchanged.
$RENDER
GoPlus’ core point isn’t technical detail, but a qualitative judgment: validators can jointly manage cross-chain funds, and measures such as pausing signatures and Mimir governance are tools that can be used.
It cites a sample case after the Bybit attack, where about 499,000 ETH were converted mostly into BTC via THORChain within 10 days. Based on this, GoPlus believes that THORChain should restrict addresses of stolen funds that have been clearly flagged. This is an opinion; whether it will be adopted remains to be confirmed, as THORChain has not yet responded.
For holders of $BTC and $ETH , the implication is routing expectations: once “the protocol can block addresses” becomes the norm, the cross-chain cost for flagged funds rises, and normal cross-chain activity may also be affected by the same kind of scrutiny logic. One falsifiable point is that if THORChain subsequently does not give a public response, this claim will most likely remain at the level of public opinion, with signature rules staying unchanged.
$RENDER
