Technical Deep Dive

Technical deep dive into THORChain's design and core mechanics

This section explains the core technical concepts behind THORChain. It is aimed at readers who want to go beyond the user-facing features and understand how the protocol is designed. Each topic links to a dedicated page with more detail.

Topics

Protocol Innovations

The main design choices that make THORChain unique, including validator selection, churning, upgrades, the Bifrost protocol, Incentive Pendulum, liquidity pools, and the swap queue.

Economic Model

How RUNE supply, the Incentive Pendulum, the emission schedule, and the Reserve work together to align incentives and secure the network.

Security

THORChain’s multi-layered security approach, including bonded capital, validator rotation, solvency checks, and operational processes.

Governance

How THORChain handles minimal governance, including asset and chain listings, protocol upgrades, the Mimir system, and ADRs.

Fees

Overview of THORChain’s fee structures: swap fees, outbound fees, and network fees, and how they protect the network while rewarding participants.

THORChain Name Service

The system for human-readable cross-chain addresses, simplifying transactions without needing long cryptographic strings.

Related Sections

• Technology Overview – high-level explanation of how THORChain works

• THORNodes – running validator nodes and infrastructure details

• THORChain Finance – financial mechanisms and protocol products

• Understanding THORChain – user-focused introductions