Episode Details

In this episode, we dig deep into Dash and its most recent upgrade, along with THORChain and the core principles that have made it a market leader to this day.

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

00:02:30 Kenton marketing update

00:05:00 Joel starts speaking — introduction

00:06:00 Peter Schiff got Joel into crypto!

00:08:00 Joel decided to go all-in on crypto

00:09:00 How Joel first heard about Dash

00:11:00 Dash's recent privacy overhaul

00:14:00 The options for digital cash in the past

00:20:00 Privacy is the final boss for crypto

00:22:00 The history of privacy on Dash

00:26:00 XMR privacy modifications to make Dash even more private

00:30:00 Dash has focused on subtle improvements over the years

00:32:00 Joel has been aggressively pushing for private Dash

00:34:00 Dash has had a huge privacy overhaul over the last five months!

00:36:00 Dash privacy will be optional and opt-in

00:38:00 The issues with privacy by default

00:44:00 How inbound transactions work with DEXs and the risks of external chains

00:45:00 Dash has instant finality through masternodes

00:47:00 Why reorgs cannot happen with Dash

00:50:00 Does supporting instant finality give DEXs an advantage?

00:51:00 Instant finality is essential for point-of-sale

00:55:00 Kenton: We've come very far, but fast transaction speeds are coming

00:59:00 How long does it take to swap or use Shielded Dash?

01:04:00 Maya Intents system?

01:14:00 Block time discussion and comparisons

01:18:00 Instant finality is a must!

01:22:00 Dash has two separate systems with redundancies

01:26:00 Bitcoin dunk: They're trying to achieve instant finality with Lightning

01:31:00 Blockchain must be on par with traditional systems

01:34:00 Are there any controversial things happening with THORChain?

01:36:00 THORChain is the true DEX

01:41:00 The market has to reward THORChain's principles and ethos

01:44:00 Chad Barraford shout-out — doing a great job driving innovation

01:47:00 The movement toward permissionless economic infrastructure is very real

01:49:00 We are currently guilty until proven innocent

01:57:00 Kenton: We must compete on all levels

02:00:00 Free stablecoin swaps could be a huge use case

02:05:00 Privacy coins have a huge market fit

02:09:00 Nobody knows about THORChain — yet

02:13:00 Joel can't swap his XMR for Dash — he needs THORChain

02:17:00 Permissioned solvers mean censorship

02:21:00 The pioneer dichotomy

02:23:00 Elon as an example of being decisive

02:28:00 Kenton is not worried about competition — many competitors are subsidized

02:33:00 DashCon discussion

02:37:00 Warfare, blockchain, and why THORChain matters

02:43:00 Joel: Aggressively pursue wallet integrations when XMR goes live

02:47:00 Closing