New Discord Announcement from THORChain Devs #thornode-mainnet. Hello THORChads,.

18 May 2026, 15:57
New Discord Announcement from THORChain Devs #🚨thornode-mainnet Hello THORChads, The developers and thorsec teams have been hard at work throughout the weekend continuing the investigation to fully understand the events that took place, while also planning the road to recovery. I wanted to provide an update to keep the community informed as we move forward. It is important to note that the investigation is still ongoing, and details may change in the coming days as we continue to gather information and adjust plans accordingly. At this time, the team has a strong understanding of what occurred and how the attack was executed, though we are not yet in a position to publicly discuss the technical details. What we can say is that the attack vector does not appear to be related to any currently known GG20 exploits, and at this stage we are still assessing whether other GG20 implementations could also be at risk. The team will continue investigating this possibility and will coordinate with other affected teams as appropriate. We would also like to thank the many cryptographers and security researchers who assisted throughout this process, including members of the team that originally developed GG20. The team currently expects to release version 3.18.1 tomorrow for node operators to adopt. We ask that all node operators upgrade to this release as soon as possible. There is also an open question regarding the best approach for handling the lost funds within the network. This will need to be discussed and ultimately decided by the community through governance. To facilitate this discussion, I have created the channel <#1505953830796263424> . Before the network can return to a fully healthy state, we will need broad consensus on this ADR, after which the selected approach will be implemented as part of the 3.19 release. THORChads are encouraged to share well-structured and thoughtful proposals for the community to support or challenge. In the coming days, we will organize a vote highlighting the most widely supported approaches for node operators to actively vote on. Regarding the future direction of the cryptographic systems used to secure the vaults, that discussion is still ongoing and requires additional research before any long-term decisions are made. For the immediate future, the team is currently leaning toward remaining on GG20 in order to restore network health and stability as quickly and safely as possible. Longer-term discussions around the future of THORChain’s cryptographic security model will continue once the network has stabilized. As always, I am proud of how both the team and the community have handled this situation. We will get everything running again as soon as we can, but we are not going to rush the process. THORChain has a strong roadmap ahead, and I am excited for us to return our focus to continuing to push the envelope of what this project can achieve. Onwards to Valhalla

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