OKX Star Points Out THORChain TSS + Validator Model Lacks Decentralization
OKX Star responded to THORChain on X, stating that its TSS + validator model does not represent true decentralization. THORChain's validators jointly control the underlying assets in the TSS treasury, and funds can be moved once the signature threshold is reached. Therefore, from a custodial perspective, it cannot be compared to the underlying consensus mechanisms of Bitcoin and Ethereum, effectively acting as an intermediary between users and the native chain. OKX Star pointed out that while TSS distributes control among multiple participants, the existence of intermediaries has not disappeared. Previously, THORChain responded to discussions regarding the transfer of some stolen funds from Bitget, claiming that it is decentralized and permissionless like Bitcoin, Ethereum, and BNB Chain, and questioned what responsibility these networks should bear if stolen funds flow through them.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Kalshi Loses Appeal as Sixth Circuit Court Upholds Ohio and Tennessee Gambling Laws
![[Digital Bill of Rights③] Money Written by AI, "Make it Usable in Real Life"](/public-static/056_040ee6f5a3.png?format=avif)
[Digital Bill of Rights③] Money Written by AI, "Make it Usable in Real Life"

Epstein Questions Stablecoin Structure and Exchange Revenue Models

Socure Integrates RiskOS Into Circle's Arc Onramp

US Charges Vietnamese National Trung Nguyen Van in $53.3M Crypto Scam

KelpDAO Sues LayerZero Over 292 Million Dollar rsETH Bridge Exploit

Anthropic Loses Lawsuit Against U.S. Department of Defense

The NFT party is over and everybody now owes storage rent

Costa Rica warns about crypto assets in political financing and strengthens its controls

Bitcoin at $84,000 Despite US-Iran Stalemate

Sam Price Emphasizes Trading Strategies Over Market Sentiment

Washington has $114 billion reasons to want Tether around

Block Integrates Bitcoin Lightning Network into x402 Payment Standard

How Crypto Stopped Waiting for Congress and Learned to Love the Regulators

Balancer fork’s 6 million BAL ask could cut holders’ redemption value

Shibarium's x402 Update Issues Warning on Fake TREAT Tokens

FinCEN Expands AI Fraud Loophole in the USA by Eliminating Controls

Strategy Plans to Distribute Bitcoin Treasury Dividends Daily

唐华斑竹 Analyzes Prosper p{VAULT} Event Rules

Artificial Intelligence Hardware Reduces Ethereum Node Costs

XRP Ledger Releases xrpld 3.4.1 to Fix Batch Function Issues

US and China Establish AI Hotline

Sharplink CEO: The Future of the Smart Economy

Major Investors Hold Crypto During 50 Percent Crash

Benson Sun Predicts Bitcoin Will Experience a Slow Bull Trend

Shielded Bitcoin: the proposal that aims to bring privacy without changing BTC's code

End of Bets in Brazil: What Changes and What Are the Next Steps

Galaxy Research: CFTC's 'Mention Markets' Guidance Highlights Structural Manipulation Risks in Individual Speech Predictions

What is CBDC? Governments Push for Development of Central Bank Digital Currencies



