
Building and Overcoming the Hard Things
web3 with a16z crypto
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DeFi and Self Custody
Vitalik: I think everyone is a little divided right now. They're thinking, okay, I can't trust the centralized exchanges. Let me do self custody. But people have lost a lot of money with self custody too,. It just, it doesn't happen in a big blow up all at once, but there's somebody losing some money out there that doesn't make headlines and as a percentage it may be similar. We've invested a lot in MPC or multi-party computation - we're trying to bring elements of that in where you can essentially have a quorum of keys. And then the question is how do you then market it to the average person to help them understand
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