Richard Chen | GP at 1confirmation | Being early & data driven | Logan Jastremski Podcast #47

ichard Chen is a General Partners at 1confirmation. Richard's Twitter: @richardchen39 1confirmation's Twitter: @1confirmation 1confirmation's Website: https://www.1confirmation.com/ Logan Jastremski's Twitter: @LoganJastremski Frictionless's Twitter: @_Frictionless_ Frictionless's Website: https://frictionless.fund/ _______ This Podcast was sponsored by Squads. https://squads.so/ Squads Protocol: the multisig standard you were looking for on Solana Securely manage your treasury, program upgrades and tokens with your Squad. - Multi-signature - A multisig requires multiple digital signatures in order to approve transactions. This is opposed to individual web3 wallets, which only require one signature. - Security - Multisigs spread the attack vector necessary for your assets to be compromised. By requiring confirmations from multiple private keys, a single point of failure is eliminated. - Collective Ownership - Multisigs allow teams to own and manage their on-chain assets together. You get to choose who is on your multisig. - Self-Custody - Your on-chain assets are always in your team’s control. By securing them in a multisig, you forego the risk of centralized entities losing your funds.