T3N

David on self-custody without the stress of a seed phrase: passkeys, YubiKeys, and a backup key that can recover your wallet if you lose everything. “I’m also thinking about releasing something that caters to people who don’t want to manufacture their own hardware wallet, and just want to have an easier self-custody experience, and that will basically be based on passkeys and YubiKeys.” “You’ll be able to just create a spending policy or a recovery policy, or any type of policy, with any threshold of passkeys and YubiKeys that you own.” “You’ll be able, for example, to have a YubiKey stored somewhere that you never touch, and it has zero spending authority, but if you lose all of your other passkeys or YubiKeys, you’ll be able to recover access to the account, let’s say with a 6-month time lock.” “So if someone steals it and tries to recover the access, you have 6 months to cancel it. But if you lose all your stuff, then you have a recourse, and you can recover access to your account.” “It doesn’t require them to take all the accountability and stress that you have with a seed phrase. And also, you want to have self-custody. You don’t want to rely just on having capacity with Google, and then if Google revokes access to your account, then you’re finished.” FT @d3h3d_