What’s Next for Wallets After Ledger Recover Outrage? - Ep. 502
Jun 6, 2023
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Itai Turbahn, Co-founder and CEO of Dynamic Labs, collaborates with Ouriel Ohayon, CEO of ZenGo, to tackle the hot topic of crypto wallet security. They discuss the recent Ledger Recover controversy, emphasizing that while management of keys is crucial, misunderstanding hardware wallets could lead to fear. Multi-party computation as a solution is delved into, alongside the trade-offs of security versus user experience. They also explore how innovations like Dynamic Wallet and account abstraction could revolutionize user interactions with crypto.
Wallet security was in the spotlight after the announcement of Ledger Recover, but the crypto community doesn’t need to “freak out,” 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, “not your keys, not your coins” is actually “your keys, your problem.”