Whats Next for Wallets After Ledger Recover Outrage? - Ep. 502

Published: June 6, 2023, 11 a.m.

b'Wallet security was in the spotlight after the announcement of Ledger Recover, but the crypto community doesn\\u2019t need to \\u201cfreak out,\\u201d according to Itai Turbahn, co-founder and CEO of Dynamic Labs, and Ouriel Ohayon, CEO of ZenGo. The two CEOs join the show to talk about the challenges of bringing self-custody to the masses. For many, \\u201cnot your keys, not your coins\\u201d is actually \\u201cyour keys, your problem.\\u201d\\n\\xa0\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\nShow highlights:\\n\\nthe problems that may arise when managing your own keys\\n\\nthe misconceptions that people have about hardware wallets\\n\\nwhy Ouriel says that Ledger is going in the right direction but made a major mistake\\n\\nhow multi-party computation can be a solution to the problem of securing your own keys\\n\\nwhat are other ways to solve it, such as Shamir\\u2019s secret sharing (SSS) and multisigs\\n\\nthe tradeoffs between security and user experience\\n\\nhow Dynamic Wallet works by linking multiple wallets to a single account\\n\\nwhether \\u201cpasswordless authentication\\u201d is the future of security\\n\\nhow can users protect themselves from \\u201cbad transactions\\u201d and what are companies doing to help\\n\\nwhether open source contributes to more security in the wallet landscape\\n\\nhow account abstraction will change the user experience\\n\\nwhether security is the key to the future of crypto\\n\\n\\xa0\\nThank you to our sponsors!\\nCrypto.com\\nGuests:\\n\\n\\nItai Turbahn, cofounder and CEO of Dynamic Labs\\n\\n\\nOuriel Ohayon, CEO of ZenGo\\n\\nPrevious appearance on Unchained: ZenGo: A Self-Custodial Wallet Minus the Risk of Losing Your Keys\\n\\n\\nPrevious coverage of Unchained on wallets:\\nThe Ugly Tradeoffs of Ledger\\u2019s New Recovery Service\\nLinks\\n\\nWhat is ZenGo Recovery Kit?\\n\\nCointelegraph:\\n\\nMultiparty computation could offer increased protection for crypto wallets\\n\\nI run a Ledger competitor \\u2014 But I support it in blow-up over keys\\n\\nUnchained: \\u2018Backdoor\\u2019 for Seed Phrases? Ledger\\u2019s New Recovery Feature Spooks Users\\n\\n\\n\\nTweet from Ouriel that explains the differences between ZenGo and Ledger\\n\\nSolving the crypto adoption problem: making crypto *actually* usable\\n\\nMulti-Party Computation (MPC) Technology Can Ensure Effective Fraud Detection | Nasdaq\\n\\nWeb3 Auth 101: What is wallet-based authentication?\\n\\n\\xa0\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'