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Pirate Chain ($ARRR) on THORChain | Podcast #220

Pirate Chain ($ARRR) on THORChain | Podcast #220

Episode 220 Published 3 months ago
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

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