THORChain: Network Recovery in Final Stage

CoinFeed June 20 news, THORChain released an event update on X platform, the network is in the final stage of recovery. Currently, the key share integrity of each node is being verified through the new KeyVerify protocol. This step confirms the security of each vault before fund transfers can begin. After verification, the next major step is the fund transfer itself, when the network will move all funds to new vaults. The duration of the fund transfer is the main uncertainty, which may take hours to days. Once the fund transfer is complete, the remaining steps will proceed quickly: re-enabling secured assets and trading assets, liquidity provider operations, and finally trading functionality. Previous news, THORChain released attack incident recovery plan, node operator voting has begun