Thorchain has some influential fans.

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(Edited)

Last week, I put out my first Thorchain weekly update and in it I connected two seemingly unrelated events. Eric Voorhees has been taking an interest in the Thorchain project. Recently he tweeted looking to source a decent amount of testnet BTC. With testing on Thorchain of a link to Bitcoin underway, I speculated that the two are connected and Eric is looking to add Thorchain swaps and liquidity to Shapeshift the company he is CEO of.


Image Source: Shapeshift website

Now this is purely speculation, but if he is on record saying he is following Thorchain, and he is trying to source "reasonable quantities" of testnet Bitcoin, around the time that a BTC testnet for Thorchain is coming to life... Well, you join the dots, but is it a stretch to consider the possibility that Shapeshift may plug in to Thorchain as a source of liquidity for their swap service?
From last weeks post linked above.

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Interest in Thorchain confirmed.

A short time ago, Eric showed publicly again how interested he is in Thorchain with the following Tweets:

Native (non-wrapped), highly liquid, fully decentralized and unstoppable swaps between Bitcoin <> Ethereum is coming.

Watch this project. https://t.co/I1NqTOjP8h

— Erik Voorhees (@ErikVoorhees) November 8, 2020

It will also mean the ability to earn yield on native #bitcoin (again, non-wrapped) with *no custodian* involved.

— Erik Voorhees (@ErikVoorhees) November 8, 2020

Now, I'm not saying yet that I am right, but there is clear and definite signs that he is closely following Thorchain.

In case you missed it, A few days ago @khaleelkazi put out his own post shilling Thorchain. In it he highlighted a comment that was made in the Thorchain telegram group by Kai - a core team member.

Draw your own conclusions, but is this a sign that a "strategic partner" is starting to make the message loud and clear? I don't know, but speculating is fun right?

For a great guide to what Thorchain and RUNE is, check this post:

Thanks for reading,

JK.

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14 comments
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Thor gets more interesting with every passing day. So does Leo and some other projects. It's hard to keep up nowadays!

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Sure is hard to keep up. I've had to narrow down my focus, now it's mainly two things - Thorchain and Leofinance.

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I am very interested in cross chain swaps without wrapping. I wrote a post on Blocknet.io which is focusing on atomic swaps, and has severall tokens already swapping, but is working on ethereum bitcoin atomic swaps. Now I really want to investigate Thorchain and compare these two, plus see where they are in development. There are many prokjects whose websites say they are doing it, so I will download Blocknet's app xbridge and try these things out my self. Here's my #Link if your interested.

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I need to learn more about atomic swaps - it's a weak point in my research so far. I'd really like to see your perspective on how Thorchain are implementing cross-chain swaps as compared to an atomic swap solution.

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I guess when the Thorchain community says $6 RUNE, they really aren't kidding.

Mooooooooooooooon. This is one of the most fundamentally sound projects I've ever seen. I just wish I had more :(

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I love your Thorchain work by the way. Great addition to the LeoFinance community.

Keep up the great work.

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Thanks Mate, I never really knew exactly what my niche was, till now. I'm the Thorchain guy - lol.

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Lot of talk about this Thor Chain of late. Have not taken a look, but am tapped out when it comes to investment funds. Will have to wait until next month.

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I bet there are people out there getting sick of hearing about it. I think that having Khal as a fan of the project helps.

I wish I had more funds to put in to it.

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Thanks for these updates, the more I read the more glad I am i've picked up some RUNE - it does seem very sound!

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