##Is ThorChain (RUNE) Crypto a good investment in 2021?

 

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THORChain (RUNE) is a permissionless cross-chain liquidity platform that upholds interoperable blockchain exchange. It is a non-custodial liquidity marketplace for blockchains that enables users to exchange assets freely through multiple networks.


To accomplish this, the THORchain establishes bi-directional bridges between two blockchains. So, the user can freely swap any asset on the network in a permissionless and non-custodial manner.



The prime thought behind the protocol was to facilitate cross-chain activities. The team after THORChain believed that centralized exchanges had a flawed transfer system, and users could not find sufficient liquidity to conduct them. This is the reason THORChain appeared.


The main advantage is that every asset can be exchanged and a pool built around it with its cross-chain feature. This provides users with a great variety and does not interfere with them in comparison to other decentralised exchange options.


Given the current bull market and the developers of the project still adding more features and upgrades, THORChain is confident to be regarded as a valuable asset for the fast-growing challenge sector.


THORChain is created and developed using the Cosmos SDK and is backed by the Tendermint consent mechanism. It keeps the network safe from attacks through an innovative BT proof-of-stake i.e PoS system that detects a large number of validators work combining to suggest and finalize blocks of transactions.



However, THORChain’s smart contracts have been reviewed by various third-party security firms, including one by Certik that found no vulnerabilities.





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