
THORChain to Update Protocol on February 10th
THORChain is permanently retiring the mimir key to pause functionality with the release of version 3.2.0 on February 10th. After this update, only a quorum of node operators will be able to modify system parameters. Refer to the official tweet by RUNE: Community members have expressed concern about the "mimir" key to pause functionality on THORChain. This capability is being permanently retired as of v3.2.0, to be released on Monday. After, only a quorum of node operators will be able to effect any parameters of the system.RUNE InfoTHORChain is a decentralized liquidity protocol that enables users to easily exchange cryptocurrency tokens over the network without the need for intermediaries. This is achieved by creating a liquidity pool that automatically establishes prices and provides liquidity for trading.The key feature of THORChain is its ability to facilitate secure, fast, and reliable cross-chain asset operations. This means that users can directly exchange one cryptocurrency for another, even if they exist on different blockchains.The RUNE token in THORChain is used as collateral for validators in the network and to ensure liquidity in the liquidity pools.