The very personal interview, Mykhailo Tiutin, the CTO of PureFi

Who did you dream of becoming as a child?

I dreamt of becoming an astronaut :)

How did you make your first money?

I went to work at the department at one of the universities. I was working there, of course, almost for free but back then it was enough money to get a mobile phone.

How did you end up in your career?

Not sure, actually. The classic “It just happened.” I just loved to program and programmed a lot.

Why did you become interested in cryptocurrencies in general and the issue of the security of crypto assets in particular?

Bitcoin as an asset was of little interest to me. Therefore, the main events of 2011–2014 happened without my involvement. Trading is not my cup of tea. I started getting into it seriously when ETH and smart contracts appeared. It was exciting, and there was something to program (in fact, the smart contracts themselves and the systems integrated with them).

Tell us about PureFi. How did it come to you?

PureFi did not come to me on its own. Slava brought it when he came up to me during the hackathon in March 2021 with an idea. I liked the picture and didn’t like the way Slava wanted us to execute it. We discussed this for a long time, and in general, I convinced Slava to abandon his concept and follow what I proposed. This is how PureFi came around.

What are you responsible for at PureFi?

For all technological aspects:

  1. Choice of technologies
  2. Work with smart contracts and blockchains
  3. Technical integrations with partners
  4. Interview and selection of specialized personnel (developers)

What are the main tasks you are working on at the moment?

Now I am working on the PureFi Smart contract SDK + I help everyone else in the developer team.

Why do you think PureFi will succeed?

An excellent and powerful team. For an early-stage startup, this is fundamental. In addition, the “niche” market is objectively not occupied by anyone but us now.

What are you most proud of at the moment?

Probably the fact that I manage to build and maintain great development teams.

Tell us about your most memorable fuckups? What conclusions did you draw from them?

Removed the production database for clients with a 2-year history :) What are the conclusions? Well, probably not to test the code on the production. Of course, I restored that database, thanks to the excessive paranoia of the admins, who turned on the logging of transactions to a file, from which I later restored the database.

Where do you get the strength and inspiration for productive work? Tell us about your hobbies?

My family and doing sports.

What are your professional and personal plans for the next 5 years?

To launch a few more products on the blockchain. PureFi is an ecosystem product, so you have to launch this one first. I will not talk about the rest for now.

Recommend 3 books that impressed you the most

Mythical Man-Month, The: Essays on Software Engineering, Anniversary Edition

From Zero to One

French Children Don’t Throw Food

What is your perfect day like?

As a rule, it is routine. I like my vacation days more — nothing out of the ordinary. The only thing that distinguishes me from most developers is that I write the most challenging code early in the morning (from 4 to 7 AM) because in the afternoon, as a c-level, I am not allowed to write code in peace. During the day, I have to communicate a lot: decide what to do to whom, help solve implementation problems for different teams, communicate with partners, agree on what will be integrated and how etc. It is challenging to concentrate and write the code at that point of the day. Therefore, I program early in the morning. In general, my ideal day is when, as of 7 a.m., the code is already working, I drove kids to school / make it to the office without traffic jams, and during the day, I did not have time to endure my brain with insoluble (at first glance) problems.