Thorchain co-founder Chad Barraford defended the protocol's decision not to freeze wallets linked to hackers, despite requests from Bitget CEO after a $388 million hack. Barraford emphasized that Thorchain's permissionless, decentralized design lacks any selective blocking feature to avoid censorship and maintain neutrality. He argued that asset recovery happens at regulated points like exchanges and fiat off-ramps, not at decentralized exchanges (DEXs) like Thorchain. This stance highlights the tradeoff between network neutrality and the risk of misuse by bad actors, with Thorchain prioritizing transparency and user trust over control.
The Thorchain co-founder’s stance on network neutrality is presented here alongside Pluang's market data for major cryptocurrencies. For readers following crypto markets, here is Pluang's snapshot as of Oct 01, 2026 16:21 WIB: out of 50 major cryptocurrencies, 24 rose and 25 fell today. Notable moves include EOS up 8.13% at Rp12.649 with a typical hold time of 87 days, CRV down 3.72% at Rp6.878 with Pluang order activity showing 31% sell and 69% buy, and ALGO up 3.23% at Rp2.270 with a typical hold time of 129 days and 74% sell activity.
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