RE: Thorchain Unleashes Chaosnet on the World!
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So far we have only seen swap protocols in the form of AMM's (automated market maker) like Uniswap or Pancakeswap for example that execute a swap in a decentralized manner by building a liquidity pool and then wrapping a coin, essentially creating a new asset to be traded instead.
Isn't this what Blocknet does, atomic swaps in a decentralized manner without the need to create synthetic assets? Don't get me wrong, competition is great... but the statement is just not true.
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I think my sentence was a bit vague and could be cleaned up..
From what i know and i could be wrong, with Thorchain the protocol and tech is about creating bridges between between chains, monitored and mandated by validators. Where as Blocknet uses Atomic Swaps like you pointed out. These being two different techs. My sentence was in the context of cross-chain architectures using validators.
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Thanks for helping to clarify, both are very exciting technologies for sure!