6 days ago
Key Management: The Future of Web3 Security
In this episode, Ian Andrews (CMO, Chainalysis) speaks to Riad Wahby, the Co-founder & CEO of Cubist, a company that stands at the forefront of private key management, promising robust security solutions that both protect cryptocurrency assets and enhance usability for developers and enterprises.
Riad discussed the company’s commitment to optimizing the secure handling of cryptographic keys, an often overlooked yet critical aspect of blockchain technology and explains the vulnerability for exploitation of existing key storage solutions like MetaMask, hardware wallets, and MPC setups.
The technical discussion provides easy to understand explanations of concepts like, threshold signature schemes, multi-party computation and complete mediation and even touches on secure hardware solutions and user-centric designs that can transform web3 technology into an everyday tool for the average user.
Minute-by-minute episode breakdown
2 | Cubist's role in secure key management for blockchain organizations
4 | From chip design to blockchain security and entrepreneurship
8 | Balancing security and convenience in cryptocurrency key management
15 | Complete Mediation: Embedding policies in secure hardware for key management
20 | Amazon’s AWS dominates secure hardware for cloud services
24 | Exploring threshold signature schemes and multi-signature approaches
27 | Understanding what went wrong with Axie Infinity’s Ronin Bridge and how the industry can learn from this hack
32 | Exploring secure web3 policies without Solidity and enhancing smart contracts with secure hardware for secret computation
39 | Making web3 usable for everyone with improved wallet usability
Related resources
Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.
- Website: Cubist: Hot wallet speed + cold wallet security
- Blog: Cubist partners with Ava Labs to power Core seedless wallet
- Blog: Cubist x Lombard: Connecting Bitcoin to DeFi
- Article: Coindesk: Cubist, Led by Computer Science Professors, Releases Wallet-as-a-Service 'CubeSigner'
- Blog: MPC does have a single point of failure
- Newsletter: Subscribe to our weekly newsletter (scroll to bottom of page)
- Reports: The 2024 Geography of Crypto Report (Download now!)
- Reports: The 2024 Crypto Maturity Journey: How Traditional Finance Can Adopt Cryptocurrency in Stages (Just Released - Download now!)
- YouTube: Chainalysis YouTube page
- Twitter: Chainalysis Twitter: Building trust in blockchain
Speakers on today’s episode
- Ian Andrews *Host* (Chief Marketing Officer, Chainalysis)
- Riad Wahby (Co-founder & CEO, Cubist)
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