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THORChain Finishes Monero Integration Work as Mainnet Tests Await Node Churn

The v3.21.1 development work is complete, but the network must rotate nodes and generate a new private key before opening a small pool for test trades.

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A metal key hangs above a shallow basin ringed by steel pins / TokenPost.ai
A metal key hangs above a shallow basin ringed by steel pins / TokenPost.ai

THORChain has finished the v3.21.1 development work for Monero (XMR), moving the asset closer to mainnet testing, but node operators must first complete a churn to create a new private key.

Once the node rotation resumes and generates the key, THORChain can open a small mainnet pool with a few hundred dollars for test trades. The test pool comes after the key generation; it is not the first step in the process.

THORChain developer Chad Barraford estimated on Thursday, Nov. 5, that resuming the rotation could take at least a week and possibly two. Issues involving Solana and Base were holding up the process.

Barraford favored waiting to add substantial liquidity while the Binance theft remained in the headlines. Kenton said MarketAcross had offered similar advice. The larger liquidity decision is separate from the small test pool, and node operators will make the final call.

The completed work advances THORChain’s earlier plan to address Monero support in v3.21.1, but it does not activate XMR swaps. Mainnet testing depends on the node rotation and new key.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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