THORChain: A Multichain DEX Built for a Multichain World
On this episode, Chjango interviews JP, a researcher who’s been contributing to THORChain as early as its inception in 2018. Since then, THORChain has garnered a cult-like following with zealots who truly believe in the innovations brought forth from this project. THORChain is the earliest Cosmos-based DEX that aims to solve the problem of Bitcoin custody on centralized custodians. JP dives into the problem of storing your coins on exchanges and centralized interest-bearing platforms like Blockfi and why THORChain is a crucial piece of decentralized infrastructure that aims to provide the same or juicier interest rates. The only difference is, you're staking them on a capture-resistant blockchain.