Over Abstraction

14. Demystifying Privy’s security model with Asta Li


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Asta is the co-founder and CTO of Privy. In this episode, we discuss:

  • Embedded wallets
  • How privy works under the hood
  • Shamir secret sharing (and why Privy uses it)
  • Privy security threat models
  • Future of account abstraction
  • Follow Asta:

    https://twitter.com/asta_li

    Follow Metropolis:

    https://twitter.com/0xMetropolis

    Follow Kevin:

    https://twitter.com/kevin_weaver

    Follow Chase:

    https://twitter.com/chaserchapman

    Check out

    https://www.metropolis.space/

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    Timecodes

    0:00 Intro

    2:48 Privy overview

    3:39 Asta’s Background

    4:16 Embedded wallets

    5:39 How Privy works

    9:15 Privy as the bridge between web2 and web3

    11:14 How key generation happens within Privy

    16:41 Privy experience across devices

    21:17 Different levels of security for different apps

    23:51 friend.tech security

    26:17 Attack concerns

    28:52 Attacks on embedded wallets

    32:50 Interoperability

    38:56 The future of wallets

    43:06 Building wallets vs. building autonomous vehicles

    45:30 Follow Asta

    45:50 Outro


    ...more
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