1. Web3 Talks: Stories & Tips from the Builders
  2. #31: Ouriel Ohayon, Co-Found..
2022-10-18 1:08:55

#31: Ouriel Ohayon, Co-Founder @ ZenGo | How they built an MPC wallet to get rid of seed phrases and what they did to acquire over 700k users

ZenGo has been the pioneer in MPC research and the most popular consumer MPC wallet in the world. Ouriel shares the backstage perspective of their early days, acquiring the first users, their product strategy, ClearSign wallet firewall, and marketing activities that led to over 700k users (which is a lot for a wallet!).


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https://twitter.com/OurielOhayon
https://twitter.com/MacBudkowski


Who’s Ouriel Ohayon and why ZenGo is special

How Ouriel transformed from a crypto skeptic to a crypto optimist by listening to a podcast episode in 2016

Ouriel’s story when he didn’t like any wallets on the market and decided to design his own

How they researched different options and learned they couldn’t get rid of private keys so started researching MPC (Multi Party Computation) and became one of the world’s leaders in that space

How does MPC work, why it’s different from a traditional wallet security, what trade-offs does it make and why it’s being used by Coinbase, Fireblocks & American banks

What would happen when ZenGo’s servers go down and how they protect the company from this kind of events

What’s the difference between MPC and Account Abstraction

Why Mac would recommend ZenGo to his father

How have they acquired their first wallet users by marketing cryptopgrahy before they started marketing the wallet and how do they promote it now

How do they take care of the user’s security & UX

How do they make money and what are their plans for new services

How does their ClearSign wallet firewall protects the users from attacks

Why Mac believes we can solve crypto security

Why Ouriel thinks of crypto as an early car industry and the story about Elon Musk’s driving McLaren F1 with Peter Thiel

What were some dead-end streets that they explored

Why would Ouriel fix gas with his web3 magic wand

What could be solved in the web3 mobile experience

What made Ouriel smile

Where people can learn more about ZenGo

Guest idea

01:08:55

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