Sergei Chernykh: On his development of P2Pool a Decentralized XMR Mining Pool

Monero Talk — Fri, 10 Sep 2021 03:00:00 -0300

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49GdSCVTTE4TaDknDFn95QGc3mn3g7JZiPKX6QM7ZpuE5cscRFuGNhnjATKnjDHY7tNUQMM63n24uPYbj1AXFBk5KUPnDrL

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TODAY'S 🎙SHOW: Douglas Tuman interviews Sergei Chernykh aka sech1 a monero developer that has made very important contributions to Monero’s mining network.

The two discuss Sergei’s most recent breakthrough contribution. The development of p2pool, Monero’s first decentralized mining pool that lets miners team-up to mine together, without taking any fees and without yielding a centralized pool operator their vote in the network, thus allowing for pools that can grow large without fear of a 51% attack on the network.

The two also discuss how Sergei came about finding and working for Monero, randomx, and what areas in Monero need more improvement.

Please consider donating to Sergei for his development work. His address is posted in the show notes. Please also consider donating to Doug’s CCS proposal so Doug can transition to working full-time on helping Monero grow.

⏱Timestamps:
0:00 - Intro
2:13 – Monero Talk Starts
3:15 – Sergei Mining Background
4:38 – How did Sergei get into Monero?
7:27 – How can Monero be improved?
9:15 – Sergei’s contribution to Monero
12:25 – How big can P2Pool get?
13:28 - Problems with growth of system
14:48 – Differences from the BTC implementation.
15:54 – Explaining P2Pool
17:51 – Directing Donations to Monero Fund
19:57 – What are the drawbacks of P2Pool?
21:20 – What other ideas are in the works?
23:32 – Getting more involved in Crypto
24:05 – Discusses XMRig contributions
26:23 – How does Monero compare to other Crypto?
29:41 – Is Centralization of Development an issue?
30:46 - Will ASIC mining become common in Monero?
32:30 – Thoughts on RandomX
34:01 – Is Monero more robust than Bitcoin?
35:55 – Are Botnets detrimental to Monero?
38:25 – Thoughts on Monero reputation
39:39 – Concerns about Government suppression
41:27 – Implications of Ransomware
42:?? - Comparison to BitTorrent
45:09 – Interest in other Crypto?
45:47 – Disconnect between Monero and market price
47:04 – Monero as legal tender?
48:18 – Thoughts on Lightning Network
49:08 – Could Monero have a Lightning Network
49:43 – Where can Monero improve?
51:23 – Crypto scene in Russia
52:20 – Final thoughts, Update, Future Events

🔗Links:
Reddit post: https://www.reddit.com/r/Monero/comments/p9apyd/psa_monero_decentralized_mining_pool_p2pool/
Github: https://github.com/SChernykh/p2pool
Website: https://p2pool.io/
P2Pool Donation: If you'd like to support further development of Monero P2Pool, you're welcome to send any amount of XMR to the following address:
44MnN1f3Eto8DZYUWuE5XZNUtE3vcRzt2j6PzqWpPau34e6Cf4fAxt6X2MBmrm6F9YMEiMNjN6W4Shn4pLcfNAja621jwyg

Douglas Proposal: https://ccs.getmonero.org/proposals/DTuman_6months_full-time_on_monero-projects.html

🚨SPONSOR:
Cake Wallet, the first open-source Monero (& now Bitcoin!) wallet for iOS. If you have an iphone or Android 📲, Monero Talk recommends that you use Cake ;) It has been verified by the Monero community, you control your own keys, it connects directly to the Monero blockchain, and you can even exchange between XMR, BTC, LTC & more in the app!
Website: https://cakewallet.io/
iOS Download: https://apps.apple.com/us/app/cake-wallet-for-xmr-monero/id1334702542
Android Download: https://play.google.com/store/apps/details?id=com.cakewallet.cake_wallet&hl=en_US

🚨SPONSOR:
Sweetwater Digital Asset Consulting: Connecting new money with old money since 2018.
Website: https://sweetwater.consulting

🚨SPONSOR:
ChangeNOW: a Limitless Crypto Exchange
Website: https://changenow.io/

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The Nomad Capitalist on where to find MoneroTopia

Monero Talk — Thu, 02 Sep 2021 17:00:00 -0300

If you enjoyed the show & would like to support us, a donation of any size would be greatly appreciated and would mean so much!

XMR Donations Accepted (type in MoneroTalk.crypto in your CakeWallet send address field):
49GdSCVTTE4TaDknDFn95QGc3mn3g7JZiPKX6QM7ZpuE5cscRFuGNhnjATKnjDHY7tNUQMM63n24uPYbj1AXFBk5KUPnDrL

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TODAY'S 🎙SHOW: Douglas Tuman interviews Andrew Henderson, the founder of Nomad Capitalist, a service that helps people “go where they are treated best” .

The two discuss how he became the nomad capitalist, his opinion on Monero and his interest in learning more about it, crypto in general as a tool of opting out of the traditional financial system, what crypto friendly locations one can consider going to, his concern of the volitility and regulations of crypto in the states as well as where he sees crypto and the nomad capitalist movement trending to.

⏱Timestamps :
0:00 – Intro
1:49 – Monero Talk Starts – Becoming The Nomad Capitalist
4:35 – Consulting others to become Nomads
6:01 – Doug asks for advice to become a Nomad Capitalist
11:31 – Which regions are crypto friendly?
13:41- Is Puerto Rico crypto friendly?
17:22 – Renouncing US citizenship
19:09 – Repercussions of being ‘stateless’
20:18 – Consequences of renouncing citizenship.
21:35 – Apprehension around leaving USA
24:54 – Using Crypto To Opt Out
28:15 – Where is crypto heading?
31:24 – Monero technology and the social milieu
33:06 – Concerns potential Monero regulation
35:48 – Smaller countries trending toward liberty
38:56 – Countries response to Covid and Liberty
41:22 – Have we seen the end of the Covid response?
44:43 – Crypto as a store of value.
45:27 – Thoughts on Monero
47:11 – Is Crypto the new Swiss Bank?

🔗Links:
Twitter: https://twitter.com/nomadcapitalist
LinkedIn: https://www.linkedin.com/company/nomad-capitalist/
Website: https://nomadcapitalist.com/

🚨SPONSOR:
Sweetwater Digital Asset Consulting: Connecting new money with old money since 2018.
Website: https://sweetwater.consulting

🚨SPONSOR:
ChangeNOW: a Limitless Crypto Exchange
Website: https://changenow.io/

Don't forget to SUBSCRIBE! The more subscribers, the more we can help Monero grow! 🚀

Monero Talk - Episodes Tagged with “Sweetwaterdigital”

Sergei Chernykh: On his development of P2Pool a Decentralized XMR Mining Pool

The Nomad Capitalist on where to find MoneroTopia