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RE: Daily Crypto Markets Live Blog: What can you share about different blockchains? (09/19/21)

in LeoFinance3 years ago

Thorchain (RUNE)

I don't really have a lot of technical reasons to back up my answer. I just think it's a good project and also it has a special place in my heart because it was my first 10x in crypto.

I think it's still going places so I keep adding here and there

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The biggest takeaway for me regarding THORChain (RUNE) was the ability to make direct swaps of tokens without the need to wrap them. Imagine doing away with wBTC, wETH, bBSC, even wLEO. The liquidity pools on THORChain would eliminate the need to token wrapping.

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This.

Being able to swap tokens without having to wrap them into something else is a huge plus for THORChain.

"Native" cross-blockchain swaps.

Huge.

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"Native" cross-blockchain swaps.

That's the phrase I was looking to use in my previous comment!

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That's a good point. I haven't explored this as much as I should but it's indeed a great selling point for Thorchain

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I'd also add Chainlink because I like their hybrid smart contract thing and Monero for their privacy focus

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I own LINK simply because it makes sense to me that a massively vital piece of infrastructure should be worth something down the road. I don't know how much or when it will get there but...I can't see it ever going away. In theory, it should just keep getting more important and wider usage. If network effect is a core tenet of what makes cryptos valuable, then I think this one should be worth a lot some day. Just my opinion...

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Yes, I share that opinion. And similar thinking can be applied to Monero. I think with time people will realize how privacy is important and Monero can be the benchmark for that kind of thing

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I'm just following Khal's lead on this one. There's no doubt in my mind he understands the tech way better than I do, so if he likes it, that's good enough for me. :-)

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Hahaha yea I think ThorChain has some good things going on but having someone as Khal "vouching" for it is always a good sign

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I'd rather go with him than with ELon Musk to be honest :P

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