THORChain Livestream Podcast

THORChain

Get the latest updates and discussion about THORChain, it's ecosystem, and community.

  1. 3d ago

    App Layer with Hans, AI Readiness, Monero Update, Base Layer Limit Orders, ADR 30 | Podcast #231

    In this episode, the team discusses internalized arbitrage and how it could work across the App Layer, the viability of BLOs, and potential risks from node operators interacting with the App Layer. They also cover POL performance, removing churn requirements, ADR 30, and how AI agents could help diagnose consensus. 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 Marketing update 00:09:00 BLO/AMM question 00:11:00 Agentic question 00:13:00 Is there a command-line wallet available? 00:14:00 Kenton shares AI metrics 00:16:00 We are getting visibility 00:20:00 Can THORChain internalize arbitrage? 00:26:00 Hans talks about CCL/DCL and the enshrined oracle 00:30:00 Devel and Hans discuss designs for internalized arbitrage 00:33:00 App Layer is running again 00:36:00 Could nodes collaborate to attack the App Layer? 00:38:00 What are the repercussions of nodes attacking the App Layer? 00:45:00 Can the App Layer quote on BLOs? 00:51:00 BLO viability question and discussion 01:00:00 BLO discussion continues 01:10:00 Kenton's story about buying BTC 01:12:00 Update on THORChain's stability efforts 01:15:00 Removing churn as a requirement 01:19:00 POL discussion and performance 01:30:00 ETF discussion 01:37:00 POL vs. RUNE price reflexivity 01:42:00 ADR 30 01:45:00 Node operators and block time 01:47:00 Stability discussion with Chad B — Midgard and AI agents 01:53:00 Will this help diagnose App Hash/consensus failures?

    App Layer with Hans, AI Readiness, Monero Update, Base Layer Limit Orders, ADR 30 | Podcast #231
  2. Aug 28

    Update on 3.20 and Monero, ADR 30 Vote, AI Using THORChain, Memoless Issue | Podcast #229

    In this episode, the team discusses the v3.20 update, chain stability issues, Monero and Zcash, AI using THORChain, problems with memoless swaps, and much more. 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 AI video 00:06:30 Kenton marketing update 00:09:00 Chad B talks about recent events and pausing for a few weeks to harden the protocol 00:15:00 API endpoint relationship between THORChain and the App Layer 00:16:00 We are doing very well in AI! 00:19:00 Chad B: The exact future of AI is unknown 00:21:00 "Exact out" swaps 00:26:00 When will THORChain be back online? 00:27:00 AI purchasing things online 00:30:00 Will "Add bond yield auto-claim using optional THORName affiliate collector payouts" make it into 3.21? 00:31:00 What is the situation with the open-source TSS library? (Currently closed source) 00:32:00 XAUT is coming 00:33:00 MOR is whitelisted — seed the pool soon? 00:36:00 AI self-improvement models and open-source AI 00:39:00 Could open-source AI recursive learning pop the AI bubble? 00:42:00 ADR 30 discussion 00:44:00 What ADRs are coming next? Free stable swaps, per-asset MinBPS, ADR requirements, Devel's BLOs 00:46:00 Free stable swaps are actually very complex — Chad B started developing them 00:49:00 Why does it take nodes so long to vote? 00:50:00 ADR voting requirements 00:52:00 Are we at the mercy of the nodes? 00:54:00 LP depth question and churn-out question 00:56:00 POL payment frequency to pools once enabled 01:00:00 Revenue-sharing progress 01:01:00 SwapKit is very close to enabling revenue sharing — 1–2 weeks (20% revenue share) 01:04:00 THOR token depth question — apparently, they are not being accounted for correctly 01:06:00 Memoless issue 01:09:00 How do we address spam attacks? 01:15:00 Continuing the conversation 01:18:00 Be careful when sending large swaps 01:21:00 Some people don't like freedom because it scares them 01:25:00 App Layer minority 01:30:00 Years from now, people will be amazed by how hard it was to build this stuff 01:32:00 The technology we're building attracts great thinkers 01:35:00 Is Go sustainable? Should we move to Rust? 01:38:00 Any other topics, Chad?

    Update on 3.20 and Monero, ADR 30 Vote, AI Using THORChain, Memoless Issue | Podcast #229
  3. Aug 22

    Unstoppable Wallet Now Supports THORChain Tokens (RUNE, TCY, RUJI, etc) | Podcast #228

    Denny, Kenton, and Ibek discuss Unstoppable Wallet’s THORChain integration, RUNE and TCY support, privacy, open-source development, AI security, DEX aggregation, stablecoin wallets, and the future of Unstoppable Wallet. 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 Marketing update 00:05:00 Referral links structure 00:06:00 Unstoppable integration history 00:07:00 Unstoppable introduction — Ibek 00:08:00 Unstoppable was created out of necessity 00:11:00 The wallet has been a core product for eight years 00:13:00 The wallet lets you swap anything to anything 00:14:00 Ibek loves working with THORChain due to the ideological alignment and attention to detail 00:16:00 What separates Unstoppable from being completely private? — UX trade-offs 00:20:00 XMR and Zcash support, including shielded Zcash 00:21:00 You now support RUNE and TCY — what else? 00:22:00 Unstoppable is purely a mobile wallet 00:23:00 No browser wallet for now due to the risks of the AI era 00:25:00 It's very difficult to lose your RUNE through either passive holding or bonding 00:28:00 How difficult was it to add RUNE support? 00:29:00 Adding THORChain was easy for Unstoppable Wallet 00:32:00 Forking Unstoppable's integration into other wallets 00:35:00 Open-source vs. closed-source in the AI era 00:39:00 Open source should always be the medium- to long-term goal 00:41:00 AI capabilities 00:45:00 Are you planning to add App Layer primitives? 00:47:00 Houdini Swap discussion — how do they achieve privacy? 00:51:00 NEAR is permissioned but fast due to this trade-off 00:53:00 STO needs to integrate more DEXs to give customers more options 00:56:00 We need to support tokenized assets 00:58:00 THORChain, Maya Protocol, and other DEX aggregators explained 01:01:00 We can enable the DEX aggregator for other pathways 01:03:00 Unstoppable has not integrated Houdini Swap due to risk considerations 01:05:00 Tainted funds and aggregator considerations 01:07:00 Another layer of complexity — aggregation introduces additional failure risks 01:10:00 Edge cases like memoless swaps 01:13:00 UX consideration: Pop-up for double swaps 01:15:00 Is Unstoppable considering a token? 01:18:00 Token design possibilities 01:21:00 Announcing a new product — a wallet specifically for stablecoins 01:23:00 Is this a trend for stablecoin wallets? 01:25:00 Thesis: Stablecoins will be integrated into everyday apps within 1–2 years 01:26:00 How do you make money with this wallet? 01:27:00 Feeless stable-to-stable swaps on THORChain 01:28:00 Would you see value in that capability, Ibek? 01:30:00 Is there demand for this wallet right now?

    Unstoppable Wallet Now Supports THORChain Tokens (RUNE, TCY, RUJI, etc) | Podcast #228
  4. Aug 21

    Treasury and Dev Fund Sustainability, Open or Close Source TSS Library, Update on 3.20 and Monero, ADR 29 Passed | Podcast #227

    In this episode, the team discusses the latest developments across THORChain, including the ongoing v3.20 vote, the upcoming POL vote, ADR 29 passing, and what could be coming in v3.21 and much more. 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 00:02:00 Marketing update 00:03:00 Help desk update 00:04:00 MimbleWimble and memoless swaps — don't do it! 00:06:00 App Layer features coming to STO 00:08:00 Abstracting secured assets away from the user experience 00:12:00 Rayyk has been helping a lot with data analytics sites 00:13:00 Version 3.20 vote is ongoing — POL vote coming soon! 00:15:00 Will auto-claiming bond yield through optional THORName affiliate collector payouts make it into 3.21? 00:16:00 Over-solvency explained 00:17:00 Treasury discussion 00:18:00 What is the future purpose of the treasury? 00:21:00 THORChain conference 00:23:00 Reserve emission curve and over-solvency — ensuring block rewards continue to be paid 00:28:00 Economic Mimir for the emission curve? 00:31:00 Voting on the POL percentage 00:32:00 ADR 29 passed!!! 00:33:00 SwapKit is very excited 00:36:00 CCL on the App Layer could help THORChain operate more efficiently 00:39:00 When will the App Layer restart? 00:41:00 The debt of the United States 00:46:00 TSS library: Open source, closed source, or something in between? 00:48:00 An ADR to ask nodes what they think about the TSS library? 00:50:00 Kenton wants it to be open source 00:52:00 A three-month delay before open-sourcing? 00:56:00 A closed-to-open-source ADR could be a healthy development 00:59:00 What if Chad B were forced by Big Brother? 01:02:00 Maya exploit discussion 01:07:00 God saves the hardest battles for the toughest warriors 01:08:00 We're going to come out ahead 01:11:00 XMR is coming — lots of hard work! 01:12:00 TAO/Bittensor is slated for 3.21, followed by Dash 01:15:00 LP pause and resume question 01:18:00 Lessons learned from DeFi over the years 01:21:00 We are here for the mission 01:25:00 Possible partnerships to create additional revenue streams for the treasury 01:27:00 Dev Fund allocation percentage 01:30:00 Burn discussion 01:35:00 Selling RUNE in a strong market to make capital last longer 01:38:00 Looking forward to XMR going live and getting things moving 01:40:00 Immediately market the XMR chain when it goes live 01:41:00 Call it a soft launch

    Treasury and Dev Fund Sustainability, Open or Close Source TSS Library, Update on 3.20 and Monero, ADR 29 Passed | Podcast #227
  5. Aug 15

    Dash Integrates Zcash Orchard Fork into its Secondary Evolution Chain | Podcast #226

    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

    Dash Integrates Zcash Orchard Fork into its Secondary Evolution Chain | Podcast #226
  6. Aug 14

    3.20 Update, Frost, DKLS, GG20, TOR Anchor Vote, Rev Share with SwapKit, Dynamic Fees | Podcast #225

    In this episode, we discuss FROST, DKLS, GG20, the TOR Anchor vote, dynamic fees, and the latest protocol updates. Oleg from SwapKit also joins to talk about revenue sharing, external volume, and how SwapKit data could help improve THORChain. 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: 00:01:00 Intro 00:02:00 New name for STO? 00:04:00 A cheaper interface removed from THORChain branding? 00:05:00 We can create multiple STO clones 00:06:00 STO update 00:07:00 High rankings on AI sites and new Discord support channels 00:10:00 Version 3.20 update! 00:12:00 Recent block-time issues 00:14:00 DEXs should look out for each other 00:20:00 LayerZero exploit and the previous Space 00:22:00 What is FROST TSS? 00:25:00 Identifiable aborts explained 00:27:00 Work continues on adding FROST TSS and DKLS 00:30:00 Should we use multiple cryptographies? 00:32:00 How difficult would it be to build FROST from scratch? 00:34:00 TOR Anchor Mimir 00:37:00 A required voting system? 00:41:00 THORChain has one of the best governance mechanisms in blockchain 00:43:00 What do we use TOR for now that THORFi is gone? 00:47:00 Nodes: Double-check your notes! ADR 29 transition 00:49:00 How will SwapKit track revenue? 00:51:00 If it works, great! If it doesn't, we can turn it off 00:53:00 SwapKit is excited about this — a win-win! 00:55:00 The goal is to bring in more external volume 00:56:00 What should the starting value for revenue sharing be? 00:58:00 Dynamic fee update 01:00:00 Oleg from SwapKit joins! 01:02:00 SwapKit revenue-sharing discussion 01:05:00 Chad B asks about SwapKit quotes versus competitors 01:07:00 Kenton asks about the relationship between spreads and fees 01:09:00 Revenue sharing creates mutual benefits for THORChain and SwapKit 01:10:00 SwapKit's implementation design 01:14:00 Oleg: THORChain's TRON integration is great because there is no activation fee 01:16:00 Nodes: Reach out to Oleg if you have any issues 01:17:00 Chad asks if SwapKit is interested in the dynamic fee design 01:21:00 Oleg: Can SwapKit provide data to help the protocol decide which pools to deepen? 01:25:00 Chad B would love data from SwapKit to help improve THORChain 01:26:00 Boone's treasury proposal could be modified to align with SwapKit's goals 01:30:00 Denny talks about his Space with Dash and Joel 01:32:00 Monero update 01:34:00 Churns become more fragile as more chains are added — can we remove churns? 01:35:00 Could we reach one-week churn frequency? 01:38:00 "Reshare mechanism" to improve security 01:40:00 XMR Layer 1 swaps and the 10-block time freeze 01:44:00 Chad B: Should THORChain build in privacy? 01:50:00 How would it be built? 01:55:00 Is the ROI there? 02:02:00 Finality

    3.20 Update, Frost, DKLS, GG20, TOR Anchor Vote, Rev Share with SwapKit, Dynamic Fees | Podcast #225

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Get the latest updates and discussion about THORChain, it's ecosystem, and community.

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