CM|9月 27, 2026 05:49
Just to add on about the Bybit hack last year and what happened with THORChain: at the time, 3 nodes had already submitted Mimir transactions to halt swaps on the ETH side, effectively cutting off the ETH->BTC route.
But about 30 minutes later, another 4 nodes voted against it, overturning the pause and reopening the network.
As for why? It was pretty obvious—there were nearly $1 billion worth of transactions at stake, which meant massive fee revenue for the nodes and LPs.
This incident also led to some disagreements, causing a few contributors to leave.
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