Episode Details
Back to Episodes
Pirate Chain ($ARRR) on THORChain | Podcast #220
Description
In this episode, we're joined by Daniel, one of the key contributors behind Pirate Chain, one of the most privacy-focused cryptocurrencies in the space. We dive into how Pirate Chain was created, why privacy matters, what makes its zero-knowledge technology different from projects like Monero and Zcash
Swap now https://swap.thorchain.org/
THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.
Timestamps:
00:00:00 Intro
00:03:00 Kenton update
00:04:00 Getting THORChain on an index list
00:05:00 Daniel introduction
00:08:00 When Daniel discovered Pirate Chain
00:11:00 The cool thing about crypto—it evolves naturally
00:14:00 What got you into Pirate Chain?
00:16:00 Pirate Chain had a fair launch
00:17:00 I am not a maxi
00:19:00 Pirate Chain uses zero-knowledge proofs by default. How does it differ from Monero and Zcash?
00:22:00 Pirate Chain's block explorer reveals no transaction information
00:24:00 Monero is in the process of moving toward zero-knowledge proofs
00:25:00 Can Pirate Chain be audited?
00:26:00 Pirate Chain is adding Zcash's Ironwood upgrade for cryptographic inflation auditing
00:28:00 Zcash inflation bug discussion—no evidence it was exploited
00:30:00 Pirate Chain had not launched its Orchard pool, so it was unaffected
00:31:00 How do the pools work?
00:33:00 Ironwood will be a major upgrade by making inflation detectable
00:35:00 Shout-out to Amy!
00:36:00 What is Pirate Chain's roadmap after Ironwood?
00:38:00 Syncing takes a while on a privacy blockchain
00:40:00 Community proposals: A finality layer for additional security
00:43:00 Komodo discussion
00:44:00 XMR came very close to a devastating 51% attack
00:46:00 Point-of-sale discussion
00:47:00 How does governance work on Pirate Chain?
00:49:00 Decentralization is great for security but difficult for governance
00:50:00 Back to the point-of-sale discussion
00:54:00 UX/UI is extremely important
00:57:00 Major stablecoins are CBDCs
00:59:00 Which exchanges support Pirate Chain? MEXC, CoinEx, Gate, SafeTrade
01:01:00 Pirate Chain is interested in getting listed on DEXs
01:02:00 Daniel loves STO!
01:03:00 Getting Pirate Chain on THORChain and the history of THORChain's ethos
01:05:00 THORChain has a renewed spirit
01:07:00 Big Brother discussion—THORChain does not obfuscate anything
01:08:00 THORChain is safe, unlike Tornado Cash and Samurai, which collect fees
01:10:00 Getting as many people as possible to use this technology
01:12:00 We are on the same team
01:13:00 The process of getting listed on THORChain
01:19:00 Price execution efficiency
01:21:00 Streaming Swaps and Rapid Swaps explained
01:23:00 Pirate Chain hardware requirements
01:24:00 RPC endpoint for Solana
01:26:00 Call for donations
01:27:00 piratechain.com/crowdfunding
01:28:00 Donated funds are audited
01:31:00 MEXC is the greatest source of liquidity
01:35:00 Closing remarks