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If It Isn’t PoW, It Isn’t Decentralized w/ Dr. K | EPI 361

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Manage episode 505173906 series 2984479
Content provided by Monero Talk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Monero Talk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Any donation is greatly appreciated!

47e6GvjL4in5Zy5vVHMb9PQtGXQAcFvWSCQn2fuwDYZoZRk3oFjefr51WBNDGG9EjF1YDavg7pwGDFSAVWC5K42CBcLLv5U

OR DONATE HERE: https://www.monerotalk.live/donate

TODAY'S SHOW: In this episode of Monero Talk, host Douglas Tuman interviews Dr. K, a proof-of-work researcher with over eight years of experience. They dive into Monero’s ongoing “qubic attack,” where mining pool Qubic controls ~35% of the network’s hash rate and causes chain reorganizations.

Dr. K, whose background spans ConsenSys, Grid Plus (creator of the Lattice One wallet), and a National Science Foundation grant for PoW research, proposes a fix: work shares. By sampling multiple proofs per block instead of one, work shares make the network resistant to attacks from miners with less than 51% hash power. Dr. K is already drafting a pull request to add this to Monero’s code.The discussion also explores why Dr. K views proof-of-work as superior to proof-of-stake—emphasizing immutability, permissionlessness, and competitive fairness—and his own project, Quiet Network (QUI), a scalable PoW blockchain with an energy-based token (QI) designed for stable purchasing power.

TIMESTAMPS:
(00:02:28) Dr. K introduces himself and his background
(00:04:44) Dr. K's crypto journey and early experiences
(00:14:21) Dr. K's views on privacy in cryptocurrency
(00:18:45) Dr. K explains why he's a proof of work maximalist
(00:29:03) Discussion of proof of stake vs. proof of work
(00:41:13) Dr. K introduces work shares as a solution to Monero's problems
(00:48:09) Technical details of implementing work shares in Monero
(01:15:06) Comparison of work shares to other proposed solutions
(01:31:22) Introduction to Quiet Network and Qi
(01:38:49) Closing thoughts on unity in the cryptocurrency community

GUEST LINKS:
https://x.com/mechanikalk

Purchase Cafe & tip the farmers w/ XMR! https://gratuitas.org/

SPONSORS:
Cakewallet.com, the first open-source Monero wallet for iOS. You can even exchange between XMR, BTC, LTC & more in the app! Monero.com by Cake Wallet - ONLY Monero wallet (https://monero.com/)

StealthEX, an instant exchange. Go to (https://stealthex.io) to instantly exchange between Monero and 450 plus assets, w/o having to create an account or register & with no limits.

WEBSITE: https://www.monerotopia.com
CONTACT: [email protected]
ODYSEE: https://odysee.com/@MoneroTalk:8
TWITTER: https://twitter.com/monerotalk
FACEBOOK: https://www.facebook.com/MoneroTalk
HOST: https://twitter.com/douglastuman
INSTAGRAM: https://www.instagram.com/monerotalk
TELEGRAM: https://t.me/monerotopia
MATRIX: https://matrix.to/#/%23monerotopia%3Amonero.social
MASTODON: @[email protected]
MONERO.TOWN: https://monero.town/u/monerotalkAny donation is greatly appreciated!Any donation is greatly appreciated!

  continue reading

648 episodes

Artwork
iconShare
 
Manage episode 505173906 series 2984479
Content provided by Monero Talk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Monero Talk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Any donation is greatly appreciated!

47e6GvjL4in5Zy5vVHMb9PQtGXQAcFvWSCQn2fuwDYZoZRk3oFjefr51WBNDGG9EjF1YDavg7pwGDFSAVWC5K42CBcLLv5U

OR DONATE HERE: https://www.monerotalk.live/donate

TODAY'S SHOW: In this episode of Monero Talk, host Douglas Tuman interviews Dr. K, a proof-of-work researcher with over eight years of experience. They dive into Monero’s ongoing “qubic attack,” where mining pool Qubic controls ~35% of the network’s hash rate and causes chain reorganizations.

Dr. K, whose background spans ConsenSys, Grid Plus (creator of the Lattice One wallet), and a National Science Foundation grant for PoW research, proposes a fix: work shares. By sampling multiple proofs per block instead of one, work shares make the network resistant to attacks from miners with less than 51% hash power. Dr. K is already drafting a pull request to add this to Monero’s code.The discussion also explores why Dr. K views proof-of-work as superior to proof-of-stake—emphasizing immutability, permissionlessness, and competitive fairness—and his own project, Quiet Network (QUI), a scalable PoW blockchain with an energy-based token (QI) designed for stable purchasing power.

TIMESTAMPS:
(00:02:28) Dr. K introduces himself and his background
(00:04:44) Dr. K's crypto journey and early experiences
(00:14:21) Dr. K's views on privacy in cryptocurrency
(00:18:45) Dr. K explains why he's a proof of work maximalist
(00:29:03) Discussion of proof of stake vs. proof of work
(00:41:13) Dr. K introduces work shares as a solution to Monero's problems
(00:48:09) Technical details of implementing work shares in Monero
(01:15:06) Comparison of work shares to other proposed solutions
(01:31:22) Introduction to Quiet Network and Qi
(01:38:49) Closing thoughts on unity in the cryptocurrency community

GUEST LINKS:
https://x.com/mechanikalk

Purchase Cafe & tip the farmers w/ XMR! https://gratuitas.org/

SPONSORS:
Cakewallet.com, the first open-source Monero wallet for iOS. You can even exchange between XMR, BTC, LTC & more in the app! Monero.com by Cake Wallet - ONLY Monero wallet (https://monero.com/)

StealthEX, an instant exchange. Go to (https://stealthex.io) to instantly exchange between Monero and 450 plus assets, w/o having to create an account or register & with no limits.

WEBSITE: https://www.monerotopia.com
CONTACT: [email protected]
ODYSEE: https://odysee.com/@MoneroTalk:8
TWITTER: https://twitter.com/monerotalk
FACEBOOK: https://www.facebook.com/MoneroTalk
HOST: https://twitter.com/douglastuman
INSTAGRAM: https://www.instagram.com/monerotalk
TELEGRAM: https://t.me/monerotopia
MATRIX: https://matrix.to/#/%23monerotopia%3Amonero.social
MASTODON: @[email protected]
MONERO.TOWN: https://monero.town/u/monerotalkAny donation is greatly appreciated!Any donation is greatly appreciated!

  continue reading

648 episodes

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