Spotlight on the SmartDec Team: Meet Developer Sergey Bugaev

SmartDec’s team specializes in development, security, and all things Ethereum. And, as you know, we’re working with them on the development of the Digitex Futures exchange. Here, we introduce you to software developer Sergey Bugaev one of the SmartDec team working on our project.

A Few Questions with Sergey Bugaev

Sergey SmartDecCC: What made you decide to become a developer and what interests you most about the blockchain space?

SB: “I was always curious about software. My Dad is also a developer and he helped me to get started, then I quickly fell in love with programming and since that there was never any question about what I was going to be!

I’m fascinated by how blockchain technology enables decentralized, trustless systems. I believe that’s the direction technology should be taking, instead of centralizing everything. 

We’ve come from the open computing world a few decades ago to a few giant corporations controlling our software, our communications, our lives–and it’s time to reverse that trend.”

We couldn’t agree more! That’s one of the main reasons we’re converting Digitex into a DAO; to decentralize the company. And with so many fee-charging exchanges around, we want to buck that trend as well. It’s good to know we’re working with like-minded people.

CC: With so many blockchains around now, what is it then that attracts you most to Ethereum?

SB: “Ethereum is interesting because it allows you to do a lot more than transferring money—you can write actual code that will run on a decentralized virtual machine, and you can encode various invariants and contracts in that code. 

There are other blockchain projects that implement the same and maybe more, but Ethereum is the one that’s actually popular in the blockchain community.”

You all know how big we are on Ethereum here at Digitex. Ethereum has the biggest developer community in the industry at more than 400,000. It’s also king of the dApps, with more than any other developer platform, not to mention that it’s the backend of a quarter of all tokens. It’s a no-brainer that it would be the most popular with us–and the blockchain community in general.

CC: Does your family understand what you do? I guess your Dad is a software developer, but how about the rest of your family and friends? How do you explain it to them?

SB: “Not really! I’ve tried explaining it to them several times already, so I think they’ve got the basic idea by now. But I feel they’re still not sold on it. That’s still for me to work on :)”

Indeed, education is continually mentioned as one of the main factors we need to focus on to bring cryptocurrencies to the masses. After all, many people still don’t understand how money works and that they don’t have to pay fees to a central authority or have their every movement tracked. 

As for explaining cryptocurrencies, well, it’s not an easy feat, that’s for sure. How many of our own families understand or are even interested in what we do? 

With more institutional funds pouring in and large corporations launching cryptocurrencies, it’s just a question of time, though. And speaking of time, I asked Sergey:

CC: What do you like to do in your free time? Do you have any?!

SB: “I actually have a number of my own software projects that need my time, and I like to contribute to other free software projects. For example, recently I’ve been playing with Serenity, a simple Unix-like OS for x86 computers, and contributed some patches. 

I’m also constantly posting stuff to my microblog on Mastodon (you can find me at https://mastodon.technology/@bugaevc — come and say hi!).

Other than that, I guess I like watching movies, listening to rock music, and biking. But I like software more :)”

Thanks, Sergey for sharing a little of your passions (software!), past, and personal life with us. We’re really excited to be working with you and the rest of the SmartDec team! 

With Adam back in Moscow and Lidia waiting on her visa, we’ll finally able to work side by side with the core team again. So, expect to see regular updates, spotlights on team members, snapshots from the offices, and of course, the code on Github coming soon.

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