One of the best known memes in crypto is: 'Not your keys, not your coins'. This usually resurfaces whenever a (custodial) centralised exchange is hacked or goes bust altogether. Although Web3 provides the infrastructure for self custody, this often shares the fate of Pandora. Self-custody requires increased security measures, from both end-users, as well as application developers. Web3 wallets are the interface between users and decentralised applications deployed on blockchains. While Metamask still maintains the largest market share, a multitude of wallets have emerged, promising additional features and a better UX.

We were joined by Evgeny Yurtaev, co-founder & CEO of Zerion, to discuss the challenges of building a Web3 wallet and how Zerion aims to improve user experience, while still maintaining security.

Topics covered in this episode:

• Evgeny’s background
• The motivation behind building a Web3 wallet
• Zerion UX and security
• Seed phrase storing
• Zerion user profile
• Challenges in building a new wallet app
• Protecting users and potential attack vectors
• Supported blockchains and (seamless) bridging
• Account abstraction and MPC
• Business models for Web3 wallets

Episode links:

• Evgeny Yurtaev on Twitter
• Zerion on Twitter

This episode is hosted by Friederike Ernst. Show notes and listening options: epicenter.tv/517