This episode of Chain Abstracted is with Lit Protocol, a platform for distributed programmable keys for Web3 digital ownership and secure key management using secure encrypted virtualization and multi-party computation. We also dive into a range of topics from the benefits of chain abstraction and the evolution of wallet technology to the integration of AI with blockchain and future developments of Lit Protocol.
Chris Cassano, Co-founder https://twitter.com/chriscassano
David Sneider, Co-founder https://twitter.com/davidlsneider
Takeaways
2:19 Explaining Lit Protocol
3:52 Distributed and Programmable
5:46 Secure Encrypted Virtualization
8:44 Trusted Hardware Environment
10:43 Permissionless Network
12:41 MPC Network
14:15 Secure Encrypted Virtualization
16:14 Trusted Execution Environment
21:29 AI Agents and Personal Control
22:28 Web3 and Digital Ownership
24:18 Account-based vs Deposit-based Chain Abstraction
25:33 Pros and Cons of Account-based Model
26:43 Scalability Challenges of MPC
27:01 Optimizations and Future of MPC
28:05 Different Wallet Types and Account Abstraction
29:04 Self-Custody, Centralization, and MPC Keys
30:50 Login with Name and Crypto Domains
31:19 Authentication and Crypto Domains
32:03 Safety and Authentication Factors
33:08 Authentication Methods and Recovery
34:13 Evolution of Wallet Technology
36:15 Custom Authentication and Cross-Chain Multi-Sig
37:21 Chain Abstraction and User Experience
41:00 Decentralized Cloud Hardware Wallets
44:20 AI and Blockchain as Complementary Technologies
47:31 Abstraction and the New Computing Paradigm
50:29 Blockchain as a Refuge for Human Minds
52:25 Lit Protocol and Future Developments
Hosts:
Altan Tutar https://twitter.com/mraltantutar
Jared Thompson https://twitter.com/jarednotjerry1
Podcast site: https://chainabstracted.com/
Connect with NEAR
Website: https://near.org/
Twitter: https://twitter.com/NEARProtocol
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