THORChain Name Service

How THORNames work

Website: https://thorname.com/

Overview

THORNames allow anyone to register cross-chain wallet addresses to a 1-30 long string of hexadecimal characters which include special characters -_+ This makes them compatible to represent emojis ⚡️

Users use a special memo and a THORChain MsgDeposit transaction to register their addresses. This then allows the system to lookup the name and retrieve the correct corresponding address for the specified chain.

A THORChain address can be assigned one (1) THORName to manage the other addresses associated. For example: the THORName chris can receive $BTC to the chris.btc address, chris.eth to receive $ETH and so forth. Wallet providers will easily be able to integrate to resolve cross-chain addresses for a user.

{ "chris" :
{"thor: "thor1egxvam70a86jafa3s0m2g3m7548gcg3kqfmfax",
"btc" : "bc1qq2z2f4gs4nd7t0a9zzjtegu4nczhajjp90y9l9",
"eth" : "0x04c5998ded94f8926e64a99b7dbc9f463370444c",
"bch" : "qz7262r7uufxk89emajqm97vskzwtxrf6yquk7zfwr",
"ltc" : "ltc1qaa064vvv4d6stgrd3tt93fp6jxywnf777j6dl8",
"bnb" : "bnb1pa6hpjs7qv0vkd55n08yw7v7fks5tqa2xtt2gk"}
}

Currently, there are five (5) native L1 chains available on THORChain: Bitcoin, Ethereum, Litecoin, Binance, and Bitcoin Cash.

Fees

There is a one-time registration fee of around 10 RUNE, with a 20 tor block fee, which works out to be around 1 RUNE annually. A user who pays 2 RUNE will then keep their name registered for 2 years.

FAQ

Q1. Is it possible to update my address that is linked to my THORName? A1.

Q2. Is it possible to change my name linked to my address? A2.

Additional reading: THORChain Launches THORName Service: https://medium.com/thorchain/thorchain-launches-thorname-service-abe42ba11df8

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