{"version":"1.0.0","segments":[{"speaker":"Seth For Privacy","startTime":3.92,"endTime":5.361,"body":"Welcome back onto the pod,"},{"speaker":"Seth For Privacy","startTime":3.92,"endTime":5.361,"body":"Zach."},{"speaker":"Seth For Privacy","startTime":5.433,"endTime":6.305,"body":"It has been."},{"speaker":"Seth For Privacy","startTime":6.425,"endTime":8.361,"body":"I, I had to check because I thought it was way"},{"speaker":"Seth For Privacy","startTime":8.393,"endTime":9.665,"body":"less time than it actually is."},{"speaker":"Seth For Privacy","startTime":9.745,"endTime":11.593,"body":"It's been almost three years."},{"speaker":"Zach Herbert","startTime":11.729,"endTime":14.057,"body":"Wait, three?"},{"speaker":"Zach Herbert","startTime":11.729,"endTime":14.057,"body":"I thought it would have been two years."},{"speaker":"Seth For Privacy","startTime":14.121,"endTime":14.761,"body":"I don't think."},{"speaker":"Seth For Privacy","startTime":14.873,"endTime":15.601,"body":"I thought so too."},{"speaker":"Seth For Privacy","startTime":15.633,"endTime":18.529,"body":"Yeah, it was January 2022 was when."},{"speaker":"Seth For Privacy","startTime":18.697,"endTime":20.769,"body":"When I published our last episode."},{"speaker":"Zach Herbert","startTime":20.937,"endTime":24.937,"body":"I don't even think we had the"},{"speaker":"Zach Herbert","startTime":20.937,"endTime":24.937,"body":"Envoy app out yet."},{"speaker":"Zach Herbert","startTime":25.001,"endTime":30.167,"body":"And 2022, I don't know if we launched it until"},{"speaker":"Zach Herbert","startTime":25.001,"endTime":30.167,"body":"later on."},{"speaker":"Seth For Privacy","startTime":30.351,"endTime":32.543,"body":"I think you were teasing it"},{"speaker":"Seth For Privacy","startTime":30.351,"endTime":32.543,"body":"at that point."},{"speaker":"Seth For Privacy","startTime":32.599,"endTime":38.599,"body":"But this was before batch two was even out, so"},{"speaker":"Seth For Privacy","startTime":32.599,"endTime":38.599,"body":"this was pretty early."},{"speaker":"Seth For Privacy","startTime":38.727,"endTime":39.463,"body":"Pretty early."},{"speaker":"Zach Herbert","startTime":39.599,"endTime":40.215,"body":"That's crazy."},{"speaker":"Zach Herbert","startTime":40.255,"endTime":42.383,"body":"Yeah. Because we had shipped Founders Edition,"},{"speaker":"Zach Herbert","startTime":42.479,"endTime":49.551,"body":"we were probably taking pre orders for batch"},{"speaker":"Zach Herbert","startTime":42.479,"endTime":49.551,"body":"two and we were working on the mobile app."},{"speaker":"Zach Herbert","startTime":49.623,"endTime":51.407,"body":"Wow, that seems like ancient history."},{"speaker":"Seth For Privacy","startTime":51.471,"endTime":52.863,"body":"Yeah, it really does."},{"speaker":"Seth For Privacy","startTime":52.959,"endTime":54.423,"body":"I couldn't believe that when I looked back I"},{"speaker":"Seth For Privacy","startTime":54.439,"endTime":55.575,"body":"was like, that was really."},{"speaker":"Seth For Privacy","startTime":55.735,"endTime":59.115,"body":"January twenty was when we published that one."},{"speaker":"Seth For Privacy","startTime":59.155,"endTime":64.179,"body":"And yeah, that was literally a whole other"},{"speaker":"Seth For Privacy","startTime":59.155,"endTime":64.179,"body":"world for me as well because before I was in"},{"speaker":"Seth For Privacy","startTime":64.187,"endTime":67.939,"body":"the space full time and before I had met you"},{"speaker":"Seth For Privacy","startTime":64.187,"endTime":67.939,"body":"in person and met most people."},{"speaker":"Seth For Privacy","startTime":67.987,"endTime":68.651,"body":"So it was crazy."},{"speaker":"Seth For Privacy","startTime":68.683,"endTime":70.003,"body":"Kind of jumping back and looking back at the"},{"speaker":"Seth For Privacy","startTime":70.019,"endTime":71.723,"body":"episodes that I'd done around then."},{"speaker":"Seth For Privacy","startTime":71.899,"endTime":74.371,"body":"But it's high time, it's high time to get you"},{"speaker":"Seth For Privacy","startTime":74.403,"endTime":74.899,"body":"back on here."},{"speaker":"Seth For Privacy","startTime":74.947,"endTime":76.379,"body":"So I'm super excited."},{"speaker":"Seth For Privacy","startTime":76.427,"endTime":78.843,"body":"I had pre ordered batch two and then I just"},{"speaker":"Seth For Privacy","startTime":78.859,"endTime":80.283,"body":"wanted to harass you with my questions."},{"speaker":"Seth For Privacy","startTime":80.339,"endTime":81.815,"body":"So I had you on last time."},{"speaker":"Seth For Privacy","startTime":82.635,"endTime":84.825,"body":"I guess I haven't technically pre ordered."},{"speaker":"Seth For Privacy","startTime":84.915,"endTime":87.669,"body":"We're going to talk through today, but we'll."},{"speaker":"Seth For Privacy","startTime":87.717,"endTime":88.925,"body":"I, I'll be getting one for."},{"speaker":"Seth For Privacy","startTime":88.965,"endTime":89.685,"body":"For other reasons."},{"speaker":"Seth For Privacy","startTime":89.725,"endTime":90.565,"body":"For other reasons."},{"speaker":"Zach Herbert","startTime":90.645,"endTime":92.253,"body":"You may be getting a few of"},{"speaker":"Zach Herbert","startTime":90.645,"endTime":92.253,"body":"them."},{"speaker":"Seth For Privacy","startTime":92.389,"endTime":93.221,"body":"I know, I know."},{"speaker":"Seth For Privacy","startTime":93.253,"endTime":95.125,"body":"We'll need some, we'll need some for the cake"},{"speaker":"Seth For Privacy","startTime":95.165,"endTime":95.677,"body":"team."},{"speaker":"Seth For Privacy","startTime":95.821,"endTime":96.517,"body":"But why don't you."},{"speaker":"Seth For Privacy","startTime":96.541,"endTime":97.725,"body":"For, I mean it's been three years."},{"speaker":"Seth For Privacy","startTime":97.805,"endTime":99.189,"body":"A ton has changed."},{"speaker":"Seth For Privacy","startTime":99.357,"endTime":102.461,"body":"Many of my listeners probably haven't gone"},{"speaker":"Seth For Privacy","startTime":99.357,"endTime":102.461,"body":"back and listened to that episode."},{"speaker":"Seth For Privacy","startTime":102.573,"endTime":107.589,"body":"Why don't you just quickly kind of reintroduce"},{"speaker":"Seth For Privacy","startTime":102.573,"endTime":107.589,"body":"yourself, tell us what foundation is, kind of"},{"speaker":"Seth For Privacy","startTime":107.597,"endTime":110.593,"body":"what your, your ethos is and then we'll really"},{"speaker":"Seth For Privacy","startTime":107.597,"endTime":110.593,"body":"just."},{"speaker":"Seth For Privacy","startTime":110.669,"endTime":112.633,"body":"Just get jump started into the fun stuff."},{"speaker":"Zach Herbert","startTime":112.809,"endTime":114.729,"body":"Sure. Yeah. I'm Zach."},{"speaker":"Zach Herbert","startTime":114.857,"endTime":118.937,"body":"I'm the co founder and CEO at Foundation and"},{"speaker":"Zach Herbert","startTime":119.001,"endTime":124.085,"body":"we build bitcoin centric tools that empower"},{"speaker":"Zach Herbert","startTime":119.001,"endTime":124.085,"body":"you to reclaim your freedom."},{"speaker":"Zach Herbert","startTime":124.425,"endTime":129.849,"body":"And what that means more practically is we've"},{"speaker":"Zach Herbert","startTime":124.425,"endTime":129.849,"body":"built two generations of a bitcoin only"},{"speaker":"Zach Herbert","startTime":129.897,"endTime":131.609,"body":"hardware wallet called Passport."},{"speaker":"Zach Herbert","startTime":131.777,"endTime":135.465,"body":"We were the first mainstream hardware wallet"},{"speaker":"Zach Herbert","startTime":135.545,"endTime":139.415,"body":"that pioneered the air gap with the camera and"},{"speaker":"Zach Herbert","startTime":135.545,"endTime":139.415,"body":"QR codes."},{"speaker":"Zach Herbert","startTime":139.715,"endTime":146.187,"body":"Announced that back in 2020, started the"},{"speaker":"Zach Herbert","startTime":139.715,"endTime":146.187,"body":"company a little earlier in 2020 and we've"},{"speaker":"Zach Herbert","startTime":146.211,"endTime":152.075,"body":"shipped the Passport Founders Edition and then"},{"speaker":"Zach Herbert","startTime":146.211,"endTime":152.075,"body":"we've been shipping for about two years the"},{"speaker":"Zach Herbert","startTime":152.115,"endTime":156.739,"body":"second gen Passport, which we called Passport"},{"speaker":"Zach Herbert","startTime":152.115,"endTime":156.739,"body":"Batch two, now we just call Passport."},{"speaker":"Zach Herbert","startTime":156.907,"endTime":163.123,"body":"And alongside that we have a mobile wallet and"},{"speaker":"Zach Herbert","startTime":156.907,"endTime":163.123,"body":"companion app to Passport called Envoy, which"},{"speaker":"Zach Herbert","startTime":163.139,"endTime":165.135,"body":"is available on iOS and Android."},{"speaker":"Zach Herbert","startTime":165.495,"endTime":169.511,"body":"And I'm really proud of where we've gotten"},{"speaker":"Zach Herbert","startTime":165.495,"endTime":169.511,"body":"over the last four years."},{"speaker":"Zach Herbert","startTime":169.703,"endTime":177.655,"body":"Passport on some websites is ranked the number"},{"speaker":"Zach Herbert","startTime":169.703,"endTime":177.655,"body":"one bitcoin hardware wallet and Envoy is five"},{"speaker":"Zach Herbert","startTime":177.695,"endTime":179.135,"body":"stars on the App Store."},{"speaker":"Zach Herbert","startTime":179.295,"endTime":185.695,"body":"And we try to build beautiful products that"},{"speaker":"Zach Herbert","startTime":179.295,"endTime":185.695,"body":"are really intuitive to use and more"},{"speaker":"Zach Herbert","startTime":185.735,"endTime":192.895,"body":"approachable for the everyday bitcoiner,"},{"speaker":"Zach Herbert","startTime":185.735,"endTime":192.895,"body":"especially newer bitcoiners."},{"speaker":"Zach Herbert","startTime":193.015,"endTime":199.175,"body":"But we also try to balance that with a lot of"},{"speaker":"Zach Herbert","startTime":193.015,"endTime":199.175,"body":"power user features and trying to offer really"},{"speaker":"Zach Herbert","startTime":199.215,"endTime":204.319,"body":"good privacy by default, especially on the"},{"speaker":"Zach Herbert","startTime":199.215,"endTime":204.319,"body":"mobile app side and then with our customer"},{"speaker":"Zach Herbert","startTime":204.367,"endTime":205.791,"body":"data and everything like that."},{"speaker":"Zach Herbert","startTime":205.943,"endTime":210.807,"body":"And then the last thing I'd say is we care a"},{"speaker":"Zach Herbert","startTime":205.943,"endTime":210.807,"body":"lot about open source, you know, proper free"},{"speaker":"Zach Herbert","startTime":210.831,"endTime":213.063,"body":"and open source software and hardware."},{"speaker":"Zach Herbert","startTime":213.199,"endTime":215.511,"body":"We're one of the very few that even publishes"},{"speaker":"Zach Herbert","startTime":215.623,"endTime":221.725,"body":"all of the circuit board design files, the CAD"},{"speaker":"Zach Herbert","startTime":215.623,"endTime":221.725,"body":"files, Of course the firmware is always all"},{"speaker":"Zach Herbert","startTime":221.765,"endTime":222.525,"body":"open source."},{"speaker":"Zach Herbert","startTime":222.645,"endTime":227.101,"body":"We prefer to use copy left licenses like GPL"},{"speaker":"Zach Herbert","startTime":222.645,"endTime":227.101,"body":"or similar on the hardware side."},{"speaker":"Zach Herbert","startTime":227.213,"endTime":229.877,"body":"And so that's just ingrained in the company"},{"speaker":"Zach Herbert","startTime":227.213,"endTime":229.877,"body":"DNA."},{"speaker":"Zach Herbert","startTime":230.021,"endTime":235.837,"body":"So essentially we're building hardware and"},{"speaker":"Zach Herbert","startTime":230.021,"endTime":235.837,"body":"software and some services, which I'm sure"},{"speaker":"Zach Herbert","startTime":235.861,"endTime":242.773,"body":"we'll talk about now as well, that tries to"},{"speaker":"Zach Herbert","startTime":235.861,"endTime":242.773,"body":"lower the barrier to empowering more people to"},{"speaker":"Zach Herbert","startTime":242.789,"endTime":244.855,"body":"reclaim their freedom and their sovereignty."},{"speaker":"Seth For Privacy","startTime":245.045,"endTime":245.835,"body":"Yeah, absolutely."},{"speaker":"Seth For Privacy","startTime":245.875,"endTime":248.363,"body":"And I think y'all have embodied the term"},{"speaker":"Seth For Privacy","startTime":248.419,"endTime":250.635,"body":"freedom tech through and through over the"},{"speaker":"Seth For Privacy","startTime":248.419,"endTime":250.635,"body":"years."},{"speaker":"Seth For Privacy","startTime":250.675,"endTime":253.211,"body":"I mean, that was why I wanted to jump in and"},{"speaker":"Seth For Privacy","startTime":250.675,"endTime":253.211,"body":"join foundation."},{"speaker":"Seth For Privacy","startTime":253.283,"endTime":260.059,"body":"And I feel like we tried to define that market"},{"speaker":"Seth For Privacy","startTime":253.283,"endTime":260.059,"body":"segment because there wasn't much going on in"},{"speaker":"Seth For Privacy","startTime":260.107,"endTime":262.171,"body":"the terms of talking about what is freedom"},{"speaker":"Seth For Privacy","startTime":260.107,"endTime":262.171,"body":"tech."},{"speaker":"Seth For Privacy","startTime":262.283,"endTime":265.267,"body":"I know that's a lot of what y'all have done"},{"speaker":"Seth For Privacy","startTime":262.283,"endTime":265.267,"body":"and what you've been building towards over the"},{"speaker":"Seth For Privacy","startTime":265.291,"endTime":265.907,"body":"years."},{"speaker":"Seth For Privacy","startTime":266.091,"endTime":268.683,"body":"With starting out with just a bitcoin hardware"},{"speaker":"Seth For Privacy","startTime":268.739,"endTime":273.331,"body":"wallet, Envoy growing from a companion app to"},{"speaker":"Seth For Privacy","startTime":268.739,"endTime":273.331,"body":"being a just absolutely fantastic bitcoin"},{"speaker":"Seth For Privacy","startTime":273.403,"endTime":275.255,"body":"wallet on its own."},{"speaker":"Seth For Privacy","startTime":275.715,"endTime":277.279,"body":"And then it was."},{"speaker":"Seth For Privacy","startTime":277.407,"endTime":279.895,"body":"Was fascinating for me coming into foundation,"},{"speaker":"Seth For Privacy","startTime":280.055,"endTime":282.239,"body":"I had no background on the hardware side."},{"speaker":"Seth For Privacy","startTime":282.287,"endTime":284.247,"body":"I mean I love the hardware side from like a"},{"speaker":"Seth For Privacy","startTime":284.271,"endTime":289.335,"body":"tech enthusiast perspective, but from like"},{"speaker":"Seth For Privacy","startTime":284.271,"endTime":289.335,"body":"what it means to actually build good open"},{"speaker":"Seth For Privacy","startTime":289.375,"endTime":293.583,"body":"source hardware, like had no idea and it, it"},{"speaker":"Seth For Privacy","startTime":289.375,"endTime":293.583,"body":"blew me away."},{"speaker":"Seth For Privacy","startTime":293.639,"endTime":301.023,"body":"The complexity and the, the effort that goes"},{"speaker":"Seth For Privacy","startTime":293.639,"endTime":301.023,"body":"into building a product that you actually love"},{"speaker":"Seth For Privacy","startTime":301.079,"endTime":304.295,"body":"as a company, like a product that you actually"},{"speaker":"Seth For Privacy","startTime":301.079,"endTime":304.295,"body":"want people to use and a product that people"},{"speaker":"Seth For Privacy","startTime":304.335,"endTime":308.515,"body":"are going to love to use and that's something"},{"speaker":"Seth For Privacy","startTime":304.335,"endTime":308.515,"body":"that's just, was really shocking to me and"},{"speaker":"Seth For Privacy","startTime":308.615,"endTime":311.563,"body":"really surprised me when I went into it"},{"speaker":"Seth For Privacy","startTime":308.615,"endTime":311.563,"body":"because coming more from the software"},{"speaker":"Seth For Privacy","startTime":311.619,"endTime":313.827,"body":"background, the hardware side is just so hard."},{"speaker":"Seth For Privacy","startTime":313.971,"endTime":319.275,"body":"And so it's really cool to be able to look at"},{"speaker":"Seth For Privacy","startTime":313.971,"endTime":319.275,"body":"the success that foundation has had with"},{"speaker":"Seth For Privacy","startTime":319.355,"endTime":325.291,"body":"previous products and then also to have had"},{"speaker":"Seth For Privacy","startTime":319.355,"endTime":325.291,"body":"the kind of behind the scenes look at what"},{"speaker":"Seth For Privacy","startTime":325.323,"endTime":330.139,"body":"goes into building something that is just a"},{"speaker":"Seth For Privacy","startTime":325.323,"endTime":330.139,"body":"whole new category of product, that is a whole"},{"speaker":"Seth For Privacy","startTime":330.187,"endTime":334.175,"body":"new type of hardware that's never really"},{"speaker":"Seth For Privacy","startTime":330.187,"endTime":334.175,"body":"existed in the bitcoin space."},{"speaker":"Seth For Privacy","startTime":334.845,"endTime":339.029,"body":"And there's really multiple years of effort"},{"speaker":"Seth For Privacy","startTime":334.845,"endTime":339.029,"body":"from the hardware and software side coalescing"},{"speaker":"Seth For Privacy","startTime":339.117,"endTime":345.053,"body":"in what you're announcing today when this"},{"speaker":"Seth For Privacy","startTime":339.117,"endTime":345.053,"body":"podcast goes live and what we're going to talk"},{"speaker":"Seth For Privacy","startTime":345.069,"endTime":346.205,"body":"a little bit more about today."},{"speaker":"Seth For Privacy","startTime":346.285,"endTime":349.317,"body":"So I'll let you intro it."},{"speaker":"Seth For Privacy","startTime":349.341,"endTime":351.165,"body":"But what really led to the creation and the"},{"speaker":"Seth For Privacy","startTime":351.205,"endTime":356.173,"body":"idea behind Passport Prime?"},{"speaker":"Seth For Privacy","startTime":351.205,"endTime":356.173,"body":"How did foundation get here from a bitcoin"},{"speaker":"Seth For Privacy","startTime":356.229,"endTime":359.945,"body":"only air gapped hardware wallet to wanting to"},{"speaker":"Seth For Privacy","startTime":356.229,"endTime":359.945,"body":"do something like this?"},{"speaker":"Zach Herbert","startTime":360.485,"endTime":366.813,"body":"It's funny because I looked back"},{"speaker":"Zach Herbert","startTime":360.485,"endTime":366.813,"body":"as we were working on the announcement, as I"},{"speaker":"Zach Herbert","startTime":366.829,"endTime":373.493,"body":"was writing the transcript for the keynote and"},{"speaker":"Zach Herbert","startTime":366.829,"endTime":373.493,"body":"as I was writing or working with our PR firm"},{"speaker":"Zach Herbert","startTime":373.549,"endTime":381.389,"body":"on the press release and I found in Google"},{"speaker":"Zach Herbert","startTime":373.549,"endTime":381.389,"body":"Docs a draft press release from, I think it"},{"speaker":"Zach Herbert","startTime":381.397,"endTime":382.909,"body":"was December 2022."},{"speaker":"Zach Herbert","startTime":383.037,"endTime":385.265,"body":"So we've been working on this product for two"},{"speaker":"Zach Herbert","startTime":383.037,"endTime":385.265,"body":"years."},{"speaker":"Zach Herbert","startTime":385.665,"endTime":391.897,"body":"But what I wrote in that draft press release"},{"speaker":"Zach Herbert","startTime":385.665,"endTime":391.897,"body":"two years ago is basically what we're shipping"},{"speaker":"Zach Herbert","startTime":392.001,"endTime":396.721,"body":"or announcing now with Passport prime and what"},{"speaker":"Zach Herbert","startTime":392.001,"endTime":396.721,"body":"we'll be shipping early next year, which is"},{"speaker":"Zach Herbert","startTime":396.753,"endTime":397.409,"body":"pretty cool."},{"speaker":"Zach Herbert","startTime":397.537,"endTime":406.377,"body":"So we had, and I had a pretty solid idea of"},{"speaker":"Zach Herbert","startTime":397.537,"endTime":406.377,"body":"what we wanted to build when we set out to"},{"speaker":"Zach Herbert","startTime":406.561,"endTime":412.685,"body":"design and engineer Passport prime two years"},{"speaker":"Zach Herbert","startTime":406.561,"endTime":412.685,"body":"ago."},{"speaker":"Zach Herbert","startTime":413.145,"endTime":415.945,"body":"And some of the features are a little"},{"speaker":"Zach Herbert","startTime":413.145,"endTime":415.945,"body":"different."},{"speaker":"Zach Herbert","startTime":415.985,"endTime":420.401,"body":"We have some, some new features that we"},{"speaker":"Zach Herbert","startTime":415.985,"endTime":420.401,"body":"initially hadn't thought of, but the concept"},{"speaker":"Zach Herbert","startTime":420.433,"endTime":421.473,"body":"is exactly there."},{"speaker":"Zach Herbert","startTime":421.569,"endTime":424.705,"body":"And I think it's, it's interesting because"},{"speaker":"Zach Herbert","startTime":424.825,"endTime":431.761,"body":"when we started the company in 2020, it was"},{"speaker":"Zach Herbert","startTime":424.825,"endTime":431.761,"body":"inspired partially by myself as a bitcoiner"},{"speaker":"Zach Herbert","startTime":431.913,"endTime":434.617,"body":"being very frustrated with the hardware"},{"speaker":"Zach Herbert","startTime":431.913,"endTime":434.617,"body":"wallets that were available."},{"speaker":"Zach Herbert","startTime":434.761,"endTime":439.805,"body":"You know, I think I used, I used Trezor and"},{"speaker":"Zach Herbert","startTime":434.761,"endTime":439.805,"body":"then I made the switch to Cold card and cold"},{"speaker":"Zach Herbert","startTime":439.845,"endTime":441.901,"body":"card was, you know, had the features that I"},{"speaker":"Zach Herbert","startTime":439.845,"endTime":441.901,"body":"wanted."},{"speaker":"Zach Herbert","startTime":441.973,"endTime":444.045,"body":"I was experimenting with things like multisig."},{"speaker":"Zach Herbert","startTime":444.165,"endTime":447.025,"body":"I like the ability to choose my own software"},{"speaker":"Zach Herbert","startTime":444.165,"endTime":447.025,"body":"wallet."},{"speaker":"Zach Herbert","startTime":447.365,"endTime":452.085,"body":"But I knew that, well, one, for me it was"},{"speaker":"Zach Herbert","startTime":447.365,"endTime":452.085,"body":"still very frustrating to use and it felt very"},{"speaker":"Zach Herbert","startTime":452.125,"endTime":453.025,"body":"disjointed."},{"speaker":"Zach Herbert","startTime":453.485,"endTime":457.917,"body":"And two, I knew that you can't just give that"},{"speaker":"Zach Herbert","startTime":453.485,"endTime":457.917,"body":"to a newcomer and expect them to get up and"},{"speaker":"Zach Herbert","startTime":457.941,"endTime":458.505,"body":"running."},{"speaker":"Zach Herbert","startTime":459.005,"endTime":463.669,"body":"And so I, you know, we'd listened to this or I"},{"speaker":"Zach Herbert","startTime":459.005,"endTime":463.669,"body":"listened to this Stefan Lovera podcast with"},{"speaker":"Zach Herbert","startTime":463.677,"endTime":468.015,"body":"Michael Flaxman back in 2019 called why Every"},{"speaker":"Zach Herbert","startTime":463.677,"endTime":468.015,"body":"Hardware Wallet Sucks."},{"speaker":"Zach Herbert","startTime":468.395,"endTime":471.179,"body":"And they talked about all the wishlist of"},{"speaker":"Zach Herbert","startTime":468.395,"endTime":471.179,"body":"features."},{"speaker":"Zach Herbert","startTime":471.227,"endTime":476.115,"body":"One of them was an air gap with QR codes, open"},{"speaker":"Zach Herbert","startTime":471.227,"endTime":476.115,"body":"source, PSBT based and so on."},{"speaker":"Zach Herbert","startTime":476.275,"endTime":480.131,"body":"And so starting the company was as simple as"},{"speaker":"Zach Herbert","startTime":476.275,"endTime":480.131,"body":"me thinking, well, I think we can build this,"},{"speaker":"Zach Herbert","startTime":480.203,"endTime":481.267,"body":"I think we can make this."},{"speaker":"Zach Herbert","startTime":481.371,"endTime":485.907,"body":"And so we started the company more with a"},{"speaker":"Zach Herbert","startTime":481.371,"endTime":485.907,"body":"vision to build a specific product, which"},{"speaker":"Zach Herbert","startTime":485.931,"endTime":487.931,"body":"ended up becoming Passport Founders Edition."},{"speaker":"Zach Herbert","startTime":488.083,"endTime":490.259,"body":"And then iterating on that product to build, I"},{"speaker":"Zach Herbert","startTime":490.267,"endTime":494.521,"body":"think, a better version of it, which became"},{"speaker":"Zach Herbert","startTime":490.267,"endTime":494.521,"body":"Passport Batch two or Gen two, the current,"},{"speaker":"Zach Herbert","startTime":494.603,"endTime":496.905,"body":"you know, a device that we're still selling"},{"speaker":"Zach Herbert","startTime":494.603,"endTime":496.905,"body":"today."},{"speaker":"Zach Herbert","startTime":497.445,"endTime":503.933,"body":"And I don't think we could have just started"},{"speaker":"Zach Herbert","startTime":497.445,"endTime":503.933,"body":"the company in 2020 and then built Passport"},{"speaker":"Zach Herbert","startTime":503.989,"endTime":504.573,"body":"Prime."},{"speaker":"Zach Herbert","startTime":504.709,"endTime":507.061,"body":"So that's the first thing because something I"},{"speaker":"Zach Herbert","startTime":507.093,"endTime":513.093,"body":"reflect about a lot, which is this is our"},{"speaker":"Zach Herbert","startTime":507.093,"endTime":513.093,"body":"third generation device and it's very"},{"speaker":"Zach Herbert","startTime":513.149,"endTime":516.397,"body":"different from anything else we've built"},{"speaker":"Zach Herbert","startTime":513.149,"endTime":516.397,"body":"before and also very different from anything"},{"speaker":"Zach Herbert","startTime":516.421,"endTime":517.421,"body":"else in the market."},{"speaker":"Zach Herbert","startTime":517.573,"endTime":522.699,"body":"So I was thinking, you know, is this something"},{"speaker":"Zach Herbert","startTime":517.573,"endTime":522.699,"body":"we would have even thought of back in 2020"},{"speaker":"Zach Herbert","startTime":522.747,"endTime":525.603,"body":"when we were starting the company?"},{"speaker":"Zach Herbert","startTime":522.747,"endTime":525.603,"body":"And the answer is definitely no. So a lot of"},{"speaker":"Zach Herbert","startTime":525.619,"endTime":531.891,"body":"it was informed by, you know, customer"},{"speaker":"Zach Herbert","startTime":525.619,"endTime":531.891,"body":"feedback and looking at how the customers use"},{"speaker":"Zach Herbert","startTime":531.963,"endTime":536.387,"body":"Passport, both looking at it from a customer"},{"speaker":"Zach Herbert","startTime":531.963,"endTime":536.387,"body":"support perspective, getting a lot of"},{"speaker":"Zach Herbert","startTime":536.411,"endTime":544.491,"body":"feedback, doing in person events like, you"},{"speaker":"Zach Herbert","startTime":536.411,"endTime":544.491,"body":"know, we do workshops at Pub Key in New York,"},{"speaker":"Zach Herbert","startTime":544.603,"endTime":550.191,"body":"where we're actually going to be, I guess a"},{"speaker":"Zach Herbert","startTime":544.603,"endTime":550.191,"body":"day after, on Tuesday, a day after this airs,"},{"speaker":"Zach Herbert","startTime":550.323,"endTime":551.839,"body":"to do a multisig workshop."},{"speaker":"Zach Herbert","startTime":551.927,"endTime":554.795,"body":"They were going to be there Thursday as well,"},{"speaker":"Zach Herbert","startTime":551.927,"endTime":554.795,"body":"just to hang out in the evening."},{"speaker":"Zach Herbert","startTime":555.255,"endTime":561.015,"body":"And I think there's so many aspects about"},{"speaker":"Zach Herbert","startTime":555.255,"endTime":561.015,"body":"Passport that are great for bitcoin"},{"speaker":"Zach Herbert","startTime":561.055,"endTime":568.047,"body":"enthusiasts, but to me there's still a lot of"},{"speaker":"Zach Herbert","startTime":561.055,"endTime":568.047,"body":"barriers to entry for newcomers, especially on"},{"speaker":"Zach Herbert","startTime":568.071,"endTime":572.151,"body":"the onboarding side, like the initial setup,"},{"speaker":"Zach Herbert","startTime":568.071,"endTime":572.151,"body":"you know, how do you set up and backup the"},{"speaker":"Zach Herbert","startTime":572.183,"endTime":572.835,"body":"device?"},{"speaker":"Zach Herbert","startTime":573.175,"endTime":575.597,"body":"That hasn't really changed much in hardware"},{"speaker":"Zach Herbert","startTime":573.175,"endTime":575.597,"body":"wallet land."},{"speaker":"Zach Herbert","startTime":575.711,"endTime":580.777,"body":"You know, Passport did a little bit better job"},{"speaker":"Zach Herbert","startTime":575.711,"endTime":580.777,"body":"with the SD card backup as an option, but it's"},{"speaker":"Zach Herbert","startTime":580.801,"endTime":581.393,"body":"still not perfect."},{"speaker":"Zach Herbert","startTime":581.449,"endTime":585.185,"body":"You still have to write down a backup code,"},{"speaker":"Zach Herbert","startTime":581.449,"endTime":585.185,"body":"you still have to figure out where to save"},{"speaker":"Zach Herbert","startTime":585.225,"endTime":586.169,"body":"that and so on."},{"speaker":"Zach Herbert","startTime":586.297,"endTime":587.729,"body":"So that was one area."},{"speaker":"Zach Herbert","startTime":587.897,"endTime":592.673,"body":"But then also I think people fundamentally, if"},{"speaker":"Zach Herbert","startTime":587.897,"endTime":592.673,"body":"they're new to the idea of a hardware wallet,"},{"speaker":"Zach Herbert","startTime":592.729,"endTime":597.113,"body":"there's a lot of confusion over what you're"},{"speaker":"Zach Herbert","startTime":592.729,"endTime":597.113,"body":"doing on the hardware wallet versus what"},{"speaker":"Zach Herbert","startTime":597.129,"endTime":598.697,"body":"you're doing on the software wallet."},{"speaker":"Zach Herbert","startTime":598.881,"endTime":602.481,"body":"And if it's air gapped, you know, the idea"},{"speaker":"Zach Herbert","startTime":598.881,"endTime":602.481,"body":"that the keys are living on the hardware"},{"speaker":"Zach Herbert","startTime":602.513,"endTime":606.093,"body":"wallet, but you're using your phone typically"},{"speaker":"Zach Herbert","startTime":602.513,"endTime":606.093,"body":"as the software wallet."},{"speaker":"Zach Herbert","startTime":606.189,"endTime":611.189,"body":"You're going back and forth, you're scanning"},{"speaker":"Zach Herbert","startTime":606.189,"endTime":611.189,"body":"one thing, you're scanning another thing."},{"speaker":"Zach Herbert","startTime":611.357,"endTime":614.181,"body":"It can be difficult to figure out how to stay"},{"speaker":"Zach Herbert","startTime":611.357,"endTime":614.181,"body":"in sync."},{"speaker":"Zach Herbert","startTime":614.373,"endTime":621.293,"body":"And we saw that especially when we would do in"},{"speaker":"Zach Herbert","startTime":614.373,"endTime":621.293,"body":"person events with complete newcomers."},{"speaker":"Zach Herbert","startTime":621.469,"endTime":623.717,"body":"So that was a key aspect of it."},{"speaker":"Zach Herbert","startTime":623.821,"endTime":629.509,"body":"But then also it's just my personal experience"},{"speaker":"Zach Herbert","startTime":623.821,"endTime":629.509,"body":"of as I became more and more of a sovereign"},{"speaker":"Zach Herbert","startTime":629.557,"endTime":633.565,"body":"individual, it's not just the hardware wallet"},{"speaker":"Zach Herbert","startTime":629.557,"endTime":633.565,"body":"that you have to use."},{"speaker":"Zach Herbert","startTime":633.725,"endTime":635.757,"body":"I had multiple hardware wallets."},{"speaker":"Zach Herbert","startTime":635.941,"endTime":643.253,"body":"I had of course, a Passport, but before that I"},{"speaker":"Zach Herbert","startTime":635.941,"endTime":643.253,"body":"was using Cold Card, I was using Trezor, but I"},{"speaker":"Zach Herbert","startTime":643.269,"endTime":648.485,"body":"know a lot of people, a lot of our customers"},{"speaker":"Zach Herbert","startTime":643.269,"endTime":648.485,"body":"use Passport, but then use other hardware"},{"speaker":"Zach Herbert","startTime":648.525,"endTime":652.573,"body":"wallets if they want to store other"},{"speaker":"Zach Herbert","startTime":648.525,"endTime":652.573,"body":"cryptocurrencies like Monero, which is more"},{"speaker":"Zach Herbert","startTime":652.589,"endTime":653.545,"body":"and more common."},{"speaker":"Zach Herbert","startTime":654.165,"endTime":657.709,"body":"And time and time again people would come up"},{"speaker":"Zach Herbert","startTime":654.165,"endTime":657.709,"body":"to us at the booth at the different"},{"speaker":"Zach Herbert","startTime":657.757,"endTime":660.825,"body":"conferences and they would say, what coins"},{"speaker":"Zach Herbert","startTime":657.757,"endTime":660.825,"body":"does Passport support?"},{"speaker":"Zach Herbert","startTime":661.005,"endTime":663.005,"body":"And the answer, of course is Bitcoin."},{"speaker":"Zach Herbert","startTime":663.345,"endTime":668.921,"body":"And very often we will lose that customer"},{"speaker":"Zach Herbert","startTime":663.345,"endTime":668.921,"body":"because there's like one other coin that they"},{"speaker":"Zach Herbert","startTime":668.953,"endTime":671.889,"body":"want to use or they want the optionality of"},{"speaker":"Zach Herbert","startTime":668.953,"endTime":671.889,"body":"having that."},{"speaker":"Zach Herbert","startTime":671.937,"endTime":673.289,"body":"So that's one aspect to all this."},{"speaker":"Zach Herbert","startTime":673.377,"endTime":680.425,"body":"But even more than that was using two FA"},{"speaker":"Zach Herbert","startTime":673.377,"endTime":680.425,"body":"codes, using Yubikeys, using the founders of"},{"speaker":"Zach Herbert","startTime":680.465,"endTime":684.089,"body":"foundation use hardware encrypted flash drives"},{"speaker":"Zach Herbert","startTime":680.465,"endTime":684.089,"body":"with keypads on them."},{"speaker":"Zach Herbert","startTime":684.177,"endTime":689.295,"body":"So we're juggling all these different devices,"},{"speaker":"Zach Herbert","startTime":684.177,"endTime":689.295,"body":"the cost of A hardware wallet, two Yubikeys,"},{"speaker":"Zach Herbert","startTime":689.375,"endTime":693.127,"body":"an encrypted flash drive can easily be over"},{"speaker":"Zach Herbert","startTime":689.375,"endTime":693.127,"body":"$600 now."},{"speaker":"Zach Herbert","startTime":693.311,"endTime":697.519,"body":"And more importantly, you can't back up a"},{"speaker":"Zach Herbert","startTime":693.311,"endTime":697.519,"body":"Yubikey."},{"speaker":"Zach Herbert","startTime":697.607,"endTime":700.119,"body":"They're notoriously confusing to set up for"},{"speaker":"Zach Herbert","startTime":697.607,"endTime":700.119,"body":"newcomers."},{"speaker":"Zach Herbert","startTime":700.167,"endTime":702.155,"body":"There's no real companion software."},{"speaker":"Zach Herbert","startTime":702.495,"endTime":708.007,"body":"And the barriers to becoming more sovereign"},{"speaker":"Zach Herbert","startTime":702.495,"endTime":708.007,"body":"and have great digital security online feel"},{"speaker":"Zach Herbert","startTime":708.031,"endTime":710.435,"body":"like they keep increasing instead of"},{"speaker":"Zach Herbert","startTime":708.031,"endTime":710.435,"body":"decreasing."},{"speaker":"Zach Herbert","startTime":710.855,"endTime":715.235,"body":"And I think one of the reasons for that is all"},{"speaker":"Zach Herbert","startTime":710.855,"endTime":715.235,"body":"this fragmentation, all this different"},{"speaker":"Zach Herbert","startTime":715.275,"endTime":716.667,"body":"hardware that people have to use."},{"speaker":"Zach Herbert","startTime":716.771,"endTime":718.427,"body":"You start going down the rabbit hole and we,"},{"speaker":"Zach Herbert","startTime":718.491,"endTime":722.115,"body":"you know, as early, or I would say as ultra"},{"speaker":"Zach Herbert","startTime":718.491,"endTime":722.115,"body":"early adopters, know a lot about the rabbit"},{"speaker":"Zach Herbert","startTime":722.155,"endTime":722.731,"body":"hole."},{"speaker":"Zach Herbert","startTime":722.883,"endTime":727.603,"body":"And you know, people like you and Q and A are"},{"speaker":"Zach Herbert","startTime":722.883,"endTime":727.603,"body":"educators, right?"},{"speaker":"Zach Herbert","startTime":727.699,"endTime":734.643,"body":"You try to guide people to learn how to be"},{"speaker":"Zach Herbert","startTime":727.699,"endTime":734.643,"body":"more sovereign, be better online privacy,"},{"speaker":"Zach Herbert","startTime":734.779,"endTime":735.815,"body":"better security."},{"speaker":"Zach Herbert","startTime":736.155,"endTime":738.507,"body":"And I just think the barriers to entry are too"},{"speaker":"Zach Herbert","startTime":736.155,"endTime":738.507,"body":"high."},{"speaker":"Zach Herbert","startTime":738.571,"endTime":745.855,"body":"And I wanted to build something that brings"},{"speaker":"Zach Herbert","startTime":738.571,"endTime":745.855,"body":"everything into one device and then crucially"},{"speaker":"Zach Herbert","startTime":746.315,"endTime":754.427,"body":"allows the expansion of features via third"},{"speaker":"Zach Herbert","startTime":746.315,"endTime":754.427,"body":"party apps so that you're not just getting a"},{"speaker":"Zach Herbert","startTime":754.451,"endTime":759.059,"body":"single purpose widget that does one thing,"},{"speaker":"Zach Herbert","startTime":754.451,"endTime":759.059,"body":"you're actually getting more of A platform"},{"speaker":"Zach Herbert","startTime":759.187,"endTime":764.595,"body":"that can scale and that you can customize to"},{"speaker":"Zach Herbert","startTime":759.187,"endTime":764.595,"body":"what you want to do in order to better protect"},{"speaker":"Zach Herbert","startTime":764.635,"endTime":765.403,"body":"your security."},{"speaker":"Zach Herbert","startTime":765.539,"endTime":772.225,"body":"So that's why we want to make Passport prime,"},{"speaker":"Zach Herbert","startTime":765.539,"endTime":772.225,"body":"and crucially as well, I mean, there's."},{"speaker":"Zach Herbert","startTime":772.265,"endTime":779.161,"body":"There's a little bit of competitiveness here"},{"speaker":"Zach Herbert","startTime":772.265,"endTime":779.161,"body":"where I personally am frustrated that Ledger"},{"speaker":"Zach Herbert","startTime":779.313,"endTime":780.433,"body":"is the market leader."},{"speaker":"Zach Herbert","startTime":780.529,"endTime":782.769,"body":"They probably have over 80% of the market."},{"speaker":"Zach Herbert","startTime":782.897,"endTime":785.257,"body":"I don't think of Ledger as being aligned with"},{"speaker":"Zach Herbert","startTime":785.281,"endTime":789.685,"body":"the principles and ideals of freedom,"},{"speaker":"Zach Herbert","startTime":785.281,"endTime":789.685,"body":"sovereignty, privacy."},{"speaker":"Zach Herbert","startTime":790.065,"endTime":796.251,"body":"And I think that someone needs to come out"},{"speaker":"Zach Herbert","startTime":790.065,"endTime":796.251,"body":"there and, as I would say, leapfrog them."},{"speaker":"Zach Herbert","startTime":796.323,"endTime":800.187,"body":"Not just compete with them with the same"},{"speaker":"Zach Herbert","startTime":796.323,"endTime":800.187,"body":"product, but try to create something that"},{"speaker":"Zach Herbert","startTime":800.251,"endTime":805.603,"body":"actually allows us to leapfrog them and maybe"},{"speaker":"Zach Herbert","startTime":800.251,"endTime":805.603,"body":"even leapfrog companies like Yubico that have"},{"speaker":"Zach Herbert","startTime":805.619,"endTime":811.755,"body":"been making the same product for probably over"},{"speaker":"Zach Herbert","startTime":805.619,"endTime":811.755,"body":"a decade with no changes, no innovation, and"},{"speaker":"Zach Herbert","startTime":811.875,"endTime":817.363,"body":"really want to try to create a device and"},{"speaker":"Zach Herbert","startTime":811.875,"endTime":817.363,"body":"software and services that allow us to offer"},{"speaker":"Zach Herbert","startTime":817.419,"endTime":822.223,"body":"something so much better than what's out there"},{"speaker":"Zach Herbert","startTime":817.419,"endTime":822.223,"body":"that we can leapfrog them and we can be maybe"},{"speaker":"Zach Herbert","startTime":822.279,"endTime":826.823,"body":"more principled leadership for the industry"},{"speaker":"Zach Herbert","startTime":822.279,"endTime":826.823,"body":"where we actually care about these values that"},{"speaker":"Zach Herbert","startTime":826.839,"endTime":827.287,"body":"we preach."},{"speaker":"Zach Herbert","startTime":827.351,"endTime":831.495,"body":"So that was a pretty long answer, but I hope"},{"speaker":"Zach Herbert","startTime":827.351,"endTime":831.495,"body":"that explains, you know, why we."},{"speaker":"Zach Herbert","startTime":831.655,"endTime":834.151,"body":"Why we wanted to build this."},{"speaker":"Zach Herbert","startTime":834.223,"endTime":837.399,"body":"And crucially, as well, we've had a really"},{"speaker":"Zach Herbert","startTime":837.447,"endTime":840.555,"body":"clear vision for what we've wanted to build"},{"speaker":"Zach Herbert","startTime":837.447,"endTime":840.555,"body":"for two years."},{"speaker":"Seth For Privacy","startTime":841.055,"endTime":842.375,"body":"Yeah, I mean, I think you."},{"speaker":"Seth For Privacy","startTime":842.495,"endTime":845.079,"body":"You hit on something that has become my focus"},{"speaker":"Seth For Privacy","startTime":845.167,"endTime":851.087,"body":"as an educator and as someone working in the"},{"speaker":"Seth For Privacy","startTime":845.167,"endTime":851.087,"body":"space, is that there are tons of people waking"},{"speaker":"Seth For Privacy","startTime":851.111,"endTime":856.711,"body":"up to the need to better financial security,"},{"speaker":"Seth For Privacy","startTime":851.111,"endTime":856.711,"body":"better financial privacy, better personal"},{"speaker":"Seth For Privacy","startTime":856.783,"endTime":858.595,"body":"privacy, better personal security."},{"speaker":"Seth For Privacy","startTime":858.895,"endTime":864.119,"body":"And when they wake up, it's really hard for"},{"speaker":"Seth For Privacy","startTime":858.895,"endTime":864.119,"body":"them to get started in that journey."},{"speaker":"Seth For Privacy","startTime":864.247,"endTime":865.783,"body":"And there are great tools out there."},{"speaker":"Seth For Privacy","startTime":865.839,"endTime":867.351,"body":"A lot of, like, what I've done in the past is"},{"speaker":"Seth For Privacy","startTime":867.383,"endTime":870.975,"body":"try to take these complex tools and distill"},{"speaker":"Seth For Privacy","startTime":867.383,"endTime":870.975,"body":"them down for the average person to understand"},{"speaker":"Seth For Privacy","startTime":871.055,"endTime":874.529,"body":"how to actually get started or even just to"},{"speaker":"Seth For Privacy","startTime":871.055,"endTime":874.529,"body":"help them find the tools."},{"speaker":"Seth For Privacy","startTime":874.687,"endTime":879.029,"body":"But the lower we get that barrier of entry,"},{"speaker":"Seth For Privacy","startTime":874.687,"endTime":879.029,"body":"the more people actually make the jump from"},{"speaker":"Seth For Privacy","startTime":879.117,"endTime":885.749,"body":"awakening to actually taking their own"},{"speaker":"Seth For Privacy","startTime":879.117,"endTime":885.749,"body":"personal privacy, their own financial"},{"speaker":"Seth For Privacy","startTime":885.837,"endTime":888.293,"body":"sovereignty, their own personal security"},{"speaker":"Seth For Privacy","startTime":885.837,"endTime":888.293,"body":"seriously."},{"speaker":"Seth For Privacy","startTime":888.389,"endTime":891.773,"body":"Because if that barrier is very low, they're"},{"speaker":"Seth For Privacy","startTime":888.389,"endTime":891.773,"body":"going to take that next step and they're going"},{"speaker":"Seth For Privacy","startTime":891.789,"endTime":895.173,"body":"to fall in love with the benefits that they're"},{"speaker":"Seth For Privacy","startTime":891.789,"endTime":895.173,"body":"actually getting in life."},{"speaker":"Seth For Privacy","startTime":895.269,"endTime":898.285,"body":"And that's one of the things that I think"},{"speaker":"Seth For Privacy","startTime":895.269,"endTime":898.285,"body":"really excites me about Passport prime is it's"},{"speaker":"Seth For Privacy","startTime":898.325,"endTime":900.203,"body":"not just a bitcoin hardware wallet."},{"speaker":"Seth For Privacy","startTime":900.349,"endTime":905.103,"body":"I think there is absolutely value to just"},{"speaker":"Seth For Privacy","startTime":900.349,"endTime":905.103,"body":"bitcoin hardware wallets, but it's just one"},{"speaker":"Seth For Privacy","startTime":905.159,"endTime":907.183,"body":"piece of what sovereignty means."},{"speaker":"Seth For Privacy","startTime":907.239,"endTime":909.735,"body":"Like, I don't Bitcoin fixes this or this whole"},{"speaker":"Seth For Privacy","startTime":909.775,"endTime":913.127,"body":"like all we need is just to stack sats and the"},{"speaker":"Seth For Privacy","startTime":909.775,"endTime":913.127,"body":"world will fix itself."},{"speaker":"Seth For Privacy","startTime":913.311,"endTime":915.031,"body":"It's just not, it's not realistic."},{"speaker":"Seth For Privacy","startTime":915.183,"endTime":917.079,"body":"We need so many other things and we need so"},{"speaker":"Seth For Privacy","startTime":917.087,"endTime":922.879,"body":"many other tools in our tool belt to equip us"},{"speaker":"Seth For Privacy","startTime":917.087,"endTime":922.879,"body":"to push for freedom, to push for individual"},{"speaker":"Seth For Privacy","startTime":922.927,"endTime":923.559,"body":"liberty."},{"speaker":"Seth For Privacy","startTime":923.687,"endTime":926.511,"body":"And that's one of the things that's really"},{"speaker":"Seth For Privacy","startTime":923.687,"endTime":926.511,"body":"exciting about prime for me."},{"speaker":"Seth For Privacy","startTime":926.543,"endTime":933.143,"body":"And you've used this term personal security"},{"speaker":"Seth For Privacy","startTime":926.543,"endTime":933.143,"body":"platform and this idea of like, yes, prime is"},{"speaker":"Seth For Privacy","startTime":933.159,"endTime":938.135,"body":"a hardware wallet for Bitcoin, for Monero, for"},{"speaker":"Seth For Privacy","startTime":933.159,"endTime":938.135,"body":"Ethereum, long term, even though Yalls focus"},{"speaker":"Seth For Privacy","startTime":938.175,"endTime":940.235,"body":"will continue to be the bitcoin side of"},{"speaker":"Seth For Privacy","startTime":938.175,"endTime":940.235,"body":"things."},{"speaker":"Seth For Privacy","startTime":940.655,"endTime":945.767,"body":"But it's also a lot more because like, I mean"},{"speaker":"Seth For Privacy","startTime":940.655,"endTime":945.767,"body":"people like me, I'm extremely security minded."},{"speaker":"Seth For Privacy","startTime":945.791,"endTime":947.103,"body":"I love personal privacy."},{"speaker":"Seth For Privacy","startTime":947.279,"endTime":949.823,"body":"But the idea you mentioned of like you have to"},{"speaker":"Seth For Privacy","startTime":949.839,"endTime":952.439,"body":"have all these different devices to do this."},{"speaker":"Seth For Privacy","startTime":952.527,"endTime":954.711,"body":"No one's really innovating in this space at"},{"speaker":"Seth For Privacy","startTime":952.527,"endTime":954.711,"body":"all."},{"speaker":"Seth For Privacy","startTime":954.743,"endTime":958.455,"body":"Ledger has shipped the same product for, I"},{"speaker":"Seth For Privacy","startTime":954.743,"endTime":958.455,"body":"don't know, a decade."},{"speaker":"Seth For Privacy","startTime":958.575,"endTime":963.803,"body":"Trezor has done nothing new or interesting for"},{"speaker":"Seth For Privacy","startTime":958.575,"endTime":963.803,"body":"years in the security space."},{"speaker":"Seth For Privacy","startTime":963.859,"endTime":969.491,"body":"Like you said, Yubikey, all of those options"},{"speaker":"Seth For Privacy","startTime":963.859,"endTime":969.491,"body":"for physical security keys, all they do is"},{"speaker":"Seth For Privacy","startTime":969.523,"endTime":974.411,"body":"just support the latest port for you to be"},{"speaker":"Seth For Privacy","startTime":969.523,"endTime":974.411,"body":"able to plug it into your MacBook or whatever."},{"speaker":"Seth For Privacy","startTime":974.523,"endTime":979.523,"body":"There's no innovation because they have the"},{"speaker":"Seth For Privacy","startTime":974.523,"endTime":979.523,"body":"market cornered and people have to buy this"},{"speaker":"Seth For Privacy","startTime":979.539,"endTime":979.859,"body":"thing."},{"speaker":"Seth For Privacy","startTime":979.947,"endTime":981.539,"body":"Oftentimes for work especially there's a"},{"speaker":"Seth For Privacy","startTime":981.547,"endTime":983.027,"body":"requirement to have these kinds of tools."},{"speaker":"Seth For Privacy","startTime":983.131,"endTime":984.811,"body":"But bundling these all together is really,"},{"speaker":"Seth For Privacy","startTime":984.843,"endTime":985.299,"body":"really exciting."},{"speaker":"Seth For Privacy","startTime":985.347,"endTime":989.347,"body":"So maybe you can speak a little bit more to"},{"speaker":"Seth For Privacy","startTime":985.347,"endTime":989.347,"body":"what prime is because I feel like we've kind"},{"speaker":"Seth For Privacy","startTime":989.371,"endTime":993.739,"body":"of been beating around the bush of like the"},{"speaker":"Seth For Privacy","startTime":989.371,"endTime":993.739,"body":"actual product and then like what."},{"speaker":"Seth For Privacy","startTime":993.787,"endTime":997.307,"body":"Why do you describe it as a personal security"},{"speaker":"Seth For Privacy","startTime":993.787,"endTime":997.307,"body":"platform rather than like a hardware wallet"},{"speaker":"Seth For Privacy","startTime":997.331,"endTime":998.771,"body":"with a few extra features?"},{"speaker":"Zach Herbert","startTime":998.963,"endTime":1000.027,"body":"Yeah, for sure."},{"speaker":"Zach Herbert","startTime":1000.171,"endTime":1002.763,"body":"Well, firstly, we did not want to call it a"},{"speaker":"Zach Herbert","startTime":1002.779,"endTime":1005.859,"body":"hardware wallet because it really is beyond"},{"speaker":"Zach Herbert","startTime":1002.779,"endTime":1005.859,"body":"the hardware wallet."},{"speaker":"Zach Herbert","startTime":1005.947,"endTime":1009.987,"body":"I know we were teasing beyond the hardware"},{"speaker":"Zach Herbert","startTime":1005.947,"endTime":1009.987,"body":"wallet, you know, for about a."},{"speaker":"Seth For Privacy","startTime":1010.011,"endTime":1012.655,"body":"Month now, shipping your"},{"speaker":"Seth For Privacy","startTime":1010.011,"endTime":1012.655,"body":"marketing slogans."},{"speaker":"Zach Herbert","startTime":1013.715,"endTime":1017.955,"body":"And it's true, right?"},{"speaker":"Zach Herbert","startTime":1013.715,"endTime":1017.955,"body":"It goes beyond the definition of a hardware"},{"speaker":"Zach Herbert","startTime":1017.995,"endTime":1022.147,"body":"wallet because it can do more than just store"},{"speaker":"Zach Herbert","startTime":1017.995,"endTime":1022.147,"body":"your bitcoin or cryptocurrency."},{"speaker":"Zach Herbert","startTime":1022.291,"endTime":1031.683,"body":"So Passport prime is shipping with several key"},{"speaker":"Zach Herbert","startTime":1022.291,"endTime":1031.683,"body":"features that are developed by foundation out"},{"speaker":"Zach Herbert","startTime":1031.699,"endTime":1032.575,"body":"of the box."},{"speaker":"Zach Herbert","startTime":1033.035,"endTime":1039.235,"body":"So firstly, it ships with of course the same"},{"speaker":"Zach Herbert","startTime":1033.035,"endTime":1039.235,"body":"Bitcoin hardware wallet functionality with all"},{"speaker":"Zach Herbert","startTime":1039.355,"endTime":1042.588,"body":"basically full feature parity with the current"},{"speaker":"Zach Herbert","startTime":1039.355,"endTime":1042.588,"body":"gen passport."},{"speaker":"Zach Herbert","startTime":1042.786,"endTime":1048.256,"body":"So that means, you know, you can do your"},{"speaker":"Zach Herbert","startTime":1042.786,"endTime":1048.256,"body":"transactions, you can do multisig, you could"},{"speaker":"Zach Herbert","startTime":1048.28,"endTime":1052.568,"body":"still do all the great multisig address"},{"speaker":"Zach Herbert","startTime":1048.28,"endTime":1052.568,"body":"verification on device, which is really"},{"speaker":"Zach Herbert","startTime":1052.616,"endTime":1052.896,"body":"important."},{"speaker":"Zach Herbert","startTime":1052.96,"endTime":1057.336,"body":"And I think it's one of the most killer"},{"speaker":"Zach Herbert","startTime":1052.96,"endTime":1057.336,"body":"features that the Bitcoin wallet functionality"},{"speaker":"Zach Herbert","startTime":1057.4,"endTime":1058.792,"body":"has on Passport."},{"speaker":"Zach Herbert","startTime":1058.968,"endTime":1061.272,"body":"You can do temporary seeds, you can do all the"},{"speaker":"Zach Herbert","startTime":1061.288,"endTime":1063.084,"body":"stuff that Passport has today."},{"speaker":"Zach Herbert","startTime":1063.384,"endTime":1071.883,"body":"We're also shipping Yubikey or Fido 2 security"},{"speaker":"Zach Herbert","startTime":1063.384,"endTime":1071.883,"body":"key, more specifically functionality via NFC"},{"speaker":"Zach Herbert","startTime":1072.059,"endTime":1073.535,"body":"and USB."},{"speaker":"Zach Herbert","startTime":1073.955,"endTime":1081.611,"body":"And so instead of just having one Yubikey or"},{"speaker":"Zach Herbert","startTime":1073.955,"endTime":1081.611,"body":"one security key, we are allowing users to"},{"speaker":"Zach Herbert","startTime":1081.643,"endTime":1084.859,"body":"create multiple keys and label them, which is"},{"speaker":"Zach Herbert","startTime":1081.643,"endTime":1084.859,"body":"really cool."},{"speaker":"Zach Herbert","startTime":1084.907,"endTime":1089.739,"body":"If you want to have, say you need a specific"},{"speaker":"Zach Herbert","startTime":1084.907,"endTime":1089.739,"body":"key, a security key for work, specific for"},{"speaker":"Zach Herbert","startTime":1089.787,"endTime":1090.427,"body":"personal."},{"speaker":"Zach Herbert","startTime":1090.611,"endTime":1094.835,"body":"Maybe some applications even require two"},{"speaker":"Zach Herbert","startTime":1090.611,"endTime":1094.835,"body":"security keys."},{"speaker":"Zach Herbert","startTime":1094.875,"endTime":1100.637,"body":"For example, if you're an iPhone user and you"},{"speaker":"Zach Herbert","startTime":1094.875,"endTime":1100.637,"body":"want to enable enhanced data protection on"},{"speaker":"Zach Herbert","startTime":1100.661,"endTime":1105.357,"body":"your icloud account to make it end to end"},{"speaker":"Zach Herbert","startTime":1100.661,"endTime":1105.357,"body":"encrypted and you want to add hardware keys,"},{"speaker":"Zach Herbert","startTime":1105.461,"endTime":1106.797,"body":"they require two."},{"speaker":"Zach Herbert","startTime":1106.981,"endTime":1112.381,"body":"So now you could just spin up two on Passport"},{"speaker":"Zach Herbert","startTime":1106.981,"endTime":1112.381,"body":"prime, you can label them accordingly and it's"},{"speaker":"Zach Herbert","startTime":1112.413,"endTime":1112.813,"body":"all there."},{"speaker":"Zach Herbert","startTime":1112.869,"endTime":1113.785,"body":"On device."},{"speaker":"Zach Herbert","startTime":1114.365,"endTime":1120.309,"body":"We also have six digit two FA codes, the TOTP"},{"speaker":"Zach Herbert","startTime":1114.365,"endTime":1120.309,"body":"codes that everyone's used to typically Google"},{"speaker":"Zach Herbert","startTime":1120.357,"endTime":1126.409,"body":"Authenticator, there's some other apps like"},{"speaker":"Zach Herbert","startTime":1120.357,"endTime":1126.409,"body":"Authy, notoriously difficult to back that up."},{"speaker":"Zach Herbert","startTime":1126.517,"endTime":1130.121,"body":"And so we talk about more of the backups as"},{"speaker":"Zach Herbert","startTime":1126.517,"endTime":1130.121,"body":"well, which is really interesting how we're"},{"speaker":"Zach Herbert","startTime":1130.153,"endTime":1131.089,"body":"approaching it."},{"speaker":"Zach Herbert","startTime":1131.257,"endTime":1136.537,"body":"But my view on the six digit codes is that the"},{"speaker":"Zach Herbert","startTime":1131.257,"endTime":1136.537,"body":"original intent of these two FA codes was to"},{"speaker":"Zach Herbert","startTime":1136.561,"endTime":1138.245,"body":"have them on a separate device."},{"speaker":"Zach Herbert","startTime":1138.665,"endTime":1143.073,"body":"And more and more now everyone's phones are"},{"speaker":"Zach Herbert","startTime":1138.665,"endTime":1143.073,"body":"their primary computing device."},{"speaker":"Zach Herbert","startTime":1143.249,"endTime":1149.201,"body":"And so in my mind, for your most important"},{"speaker":"Zach Herbert","startTime":1143.249,"endTime":1149.201,"body":"accounts, think icloud, Google, crypto,"},{"speaker":"Zach Herbert","startTime":1149.233,"endTime":1151.369,"body":"exchanges, social media."},{"speaker":"Zach Herbert","startTime":1151.537,"endTime":1152.953,"body":"There's a lot of stuff that's really important"},{"speaker":"Zach Herbert","startTime":1153.009,"endTime":1154.445,"body":"for work as well."},{"speaker":"Zach Herbert","startTime":1154.815,"endTime":1160.095,"body":"You want those ideally on an offline security"},{"speaker":"Zach Herbert","startTime":1154.815,"endTime":1160.095,"body":"device, you don't really want those on your"},{"speaker":"Zach Herbert","startTime":1160.135,"endTime":1160.671,"body":"phone."},{"speaker":"Zach Herbert","startTime":1160.823,"endTime":1162.735,"body":"And so the idea is you get your most important"},{"speaker":"Zach Herbert","startTime":1162.815,"endTime":1166.855,"body":"six digit two FA codes offline onto Passport"},{"speaker":"Zach Herbert","startTime":1162.815,"endTime":1166.855,"body":"Prime."},{"speaker":"Zach Herbert","startTime":1167.015,"endTime":1174.275,"body":"Then we're also shipping with a files app with"},{"speaker":"Zach Herbert","startTime":1167.015,"endTime":1174.275,"body":"50 gigabytes of user available storage."},{"speaker":"Zach Herbert","startTime":1175.655,"endTime":1181.153,"body":"It basically allows you to have the benefits"},{"speaker":"Zach Herbert","startTime":1175.655,"endTime":1181.153,"body":"of a hardware encrypted flash drive where you"},{"speaker":"Zach Herbert","startTime":1181.169,"endTime":1184.065,"body":"have to actually enter your PIN onto the"},{"speaker":"Zach Herbert","startTime":1181.169,"endTime":1184.065,"body":"device in order to access it."},{"speaker":"Zach Herbert","startTime":1184.185,"endTime":1188.321,"body":"But we even go a step further with a feature"},{"speaker":"Zach Herbert","startTime":1184.185,"endTime":1188.321,"body":"that is one of my favorite features on the"},{"speaker":"Zach Herbert","startTime":1188.353,"endTime":1193.217,"body":"device called Airlock, where when you plug"},{"speaker":"Zach Herbert","startTime":1188.353,"endTime":1193.217,"body":"Passport prime into your computer or phone to"},{"speaker":"Zach Herbert","startTime":1193.241,"endTime":1199.041,"body":"use as a flash drive, the computer can only"},{"speaker":"Zach Herbert","startTime":1193.241,"endTime":1199.041,"body":"see the files that are in the airlock, so it"},{"speaker":"Zach Herbert","startTime":1199.073,"endTime":1204.497,"body":"cannot see the full storage on the device,"},{"speaker":"Zach Herbert","startTime":1199.073,"endTime":1204.497,"body":"which we're probably the only device in the"},{"speaker":"Zach Herbert","startTime":1204.521,"endTime":1206.905,"body":"world that allows you to do that from a"},{"speaker":"Zach Herbert","startTime":1204.521,"endTime":1206.905,"body":"security perspective."},{"speaker":"Zach Herbert","startTime":1206.945,"endTime":1209.997,"body":"And so if you're worried that your computer"},{"speaker":"Zach Herbert","startTime":1206.945,"endTime":1209.997,"body":"might be compromised."},{"speaker":"Zach Herbert","startTime":1210.061,"endTime":1214.725,"body":"You don't want to give your computer full read"},{"speaker":"Zach Herbert","startTime":1210.061,"endTime":1214.725,"body":"access to all the files on the device."},{"speaker":"Zach Herbert","startTime":1214.765,"endTime":1215.597,"body":"You don't have to."},{"speaker":"Zach Herbert","startTime":1215.701,"endTime":1217.021,"body":"So it's a really great feature."},{"speaker":"Zach Herbert","startTime":1217.133,"endTime":1219.333,"body":"It's a lot of storage available and it'll"},{"speaker":"Zach Herbert","startTime":1219.349,"endTime":1224.149,"body":"allow people to store a lot of important"},{"speaker":"Zach Herbert","startTime":1219.349,"endTime":1224.149,"body":"documents, files, maybe keys and other things"},{"speaker":"Zach Herbert","startTime":1224.197,"endTime":1229.373,"body":"that they wouldn't necessarily have a place to"},{"speaker":"Zach Herbert","startTime":1224.197,"endTime":1229.373,"body":"store right now on a hardware wallet, but they"},{"speaker":"Zach Herbert","startTime":1229.389,"endTime":1230.829,"body":"don't want to store it on their computer."},{"speaker":"Zach Herbert","startTime":1230.957,"endTime":1239.213,"body":"An example could be PGP keys, SSH keys and"},{"speaker":"Zach Herbert","startTime":1230.957,"endTime":1239.213,"body":"backup could be for developers, especially for"},{"speaker":"Zach Herbert","startTime":1239.269,"endTime":1243.149,"body":"companies that are making devices or software"},{"speaker":"Zach Herbert","startTime":1239.269,"endTime":1243.149,"body":"that needs to be signed."},{"speaker":"Zach Herbert","startTime":1243.237,"endTime":1247.637,"body":"Different kinds of signing keys, like for"},{"speaker":"Zach Herbert","startTime":1243.237,"endTime":1247.637,"body":"example, we have to secure and backup the"},{"speaker":"Zach Herbert","startTime":1247.661,"endTime":1250.525,"body":"signing keys for passports firmware."},{"speaker":"Zach Herbert","startTime":1250.685,"endTime":1254.485,"body":"From a company perspective, that's a great"},{"speaker":"Zach Herbert","startTime":1250.685,"endTime":1254.485,"body":"place, you know, to put that, that backup."},{"speaker":"Zach Herbert","startTime":1254.605,"endTime":1260.689,"body":"And then finally the seed Vault app where not"},{"speaker":"Zach Herbert","startTime":1254.605,"endTime":1260.689,"body":"only can you do bip 85 style child seeds,"},{"speaker":"Zach Herbert","startTime":1260.737,"endTime":1264.913,"body":"where you can just derive a child seed and you"},{"speaker":"Zach Herbert","startTime":1260.737,"endTime":1264.913,"body":"can use that for mobile wallets."},{"speaker":"Zach Herbert","startTime":1264.969,"endTime":1269.721,"body":"Even, you know, outside of Bitcoin, you can"},{"speaker":"Zach Herbert","startTime":1264.969,"endTime":1269.721,"body":"use it for, you know, giving friends and"},{"speaker":"Zach Herbert","startTime":1269.753,"endTime":1272.977,"body":"family members a seed that they can use with"},{"speaker":"Zach Herbert","startTime":1269.753,"endTime":1272.977,"body":"hardware wallets."},{"speaker":"Zach Herbert","startTime":1273.081,"endTime":1276.297,"body":"You can kind of like Uncle Jim functionality"},{"speaker":"Zach Herbert","startTime":1273.081,"endTime":1276.297,"body":"as you would call it."},{"speaker":"Zach Herbert","startTime":1276.441,"endTime":1281.161,"body":"But we're also going to be allowing users to"},{"speaker":"Zach Herbert","startTime":1276.441,"endTime":1281.161,"body":"bring in their existing seeds, kind of like a"},{"speaker":"Zach Herbert","startTime":1281.193,"endTime":1286.225,"body":"password manager for your seeds, which is"},{"speaker":"Zach Herbert","startTime":1281.193,"endTime":1286.225,"body":"amazing because so many people in the space"},{"speaker":"Zach Herbert","startTime":1286.265,"endTime":1291.031,"body":"you go to try out a new wallet, you don't"},{"speaker":"Zach Herbert","startTime":1286.265,"endTime":1291.031,"body":"really have a seed to give it."},{"speaker":"Zach Herbert","startTime":1291.143,"endTime":1292.935,"body":"You end up generating a seed."},{"speaker":"Zach Herbert","startTime":1293.055,"endTime":1294.783,"body":"Especially mobile wallets or new apps that"},{"speaker":"Zach Herbert","startTime":1294.799,"endTime":1299.271,"body":"you're testing noster stuff so many times"},{"speaker":"Zach Herbert","startTime":1294.799,"endTime":1299.271,"body":"where people have seeds laying around written"},{"speaker":"Zach Herbert","startTime":1299.303,"endTime":1301.559,"body":"on paper and password managers."},{"speaker":"Zach Herbert","startTime":1301.647,"endTime":1305.703,"body":"So the idea that you can bring those in, you"},{"speaker":"Zach Herbert","startTime":1301.647,"endTime":1305.703,"body":"can label them, you can sort them and they can"},{"speaker":"Zach Herbert","startTime":1305.719,"endTime":1306.983,"body":"all be stored for you."},{"speaker":"Zach Herbert","startTime":1307.159,"endTime":1309.615,"body":"So it's a pretty killer feature set."},{"speaker":"Zach Herbert","startTime":1309.775,"endTime":1317.655,"body":"It probably covers 80% of what you need to be"},{"speaker":"Zach Herbert","startTime":1309.775,"endTime":1317.655,"body":"a sovereign individual and secure online with"},{"speaker":"Zach Herbert","startTime":1317.735,"endTime":1318.615,"body":"best practices."},{"speaker":"Zach Herbert","startTime":1318.735,"endTime":1321.999,"body":"So crucially like secure online as in your"},{"speaker":"Zach Herbert","startTime":1322.047,"endTime":1326.151,"body":"online accounts and then also your bitcoin."},{"speaker":"Zach Herbert","startTime":1326.303,"endTime":1328.275,"body":"And so that's amazing."},{"speaker":"Zach Herbert","startTime":1328.655,"endTime":1335.247,"body":"But then for the rest of it, and this is why"},{"speaker":"Zach Herbert","startTime":1328.655,"endTime":1335.247,"body":"we're calling it a platform as opposed to like"},{"speaker":"Zach Herbert","startTime":1335.271,"endTime":1344.607,"body":"a device is mid next year we're going to be"},{"speaker":"Zach Herbert","startTime":1335.271,"endTime":1344.607,"body":"rolling out an SDK for developers and enabling"},{"speaker":"Zach Herbert","startTime":1344.711,"endTime":1346.791,"body":"developers to build third party apps."},{"speaker":"Zach Herbert","startTime":1346.943,"endTime":1349.775,"body":"And so that could mean third party"},{"speaker":"Zach Herbert","startTime":1346.943,"endTime":1349.775,"body":"cryptocurrency apps."},{"speaker":"Zach Herbert","startTime":1349.815,"endTime":1354.447,"body":"Of course the big news is that the first third"},{"speaker":"Zach Herbert","startTime":1349.815,"endTime":1354.447,"body":"party app that is with Cake Wallet and we're"},{"speaker":"Zach Herbert","startTime":1354.471,"endTime":1357.143,"body":"working closely with you guys and we're really"},{"speaker":"Zach Herbert","startTime":1354.471,"endTime":1357.143,"body":"excited about that."},{"speaker":"Zach Herbert","startTime":1357.239,"endTime":1360.087,"body":"We could talk more about what that'll look"},{"speaker":"Zach Herbert","startTime":1357.239,"endTime":1360.087,"body":"like more specifically."},{"speaker":"Zach Herbert","startTime":1360.271,"endTime":1365.471,"body":"But, you know, as we create this SDK and as we"},{"speaker":"Zach Herbert","startTime":1360.271,"endTime":1365.471,"body":"release everything, it's going to be an open"},{"speaker":"Zach Herbert","startTime":1365.543,"endTime":1366.375,"body":"developer platform."},{"speaker":"Zach Herbert","startTime":1366.455,"endTime":1370.399,"body":"And I cannot emphasize enough how different"},{"speaker":"Zach Herbert","startTime":1366.455,"endTime":1370.399,"body":"this is from anything out there today."},{"speaker":"Zach Herbert","startTime":1370.447,"endTime":1374.333,"body":"Because if you're a developer right now and"},{"speaker":"Zach Herbert","startTime":1370.447,"endTime":1374.333,"body":"you're going through it right now, on the cake"},{"speaker":"Zach Herbert","startTime":1374.389,"endTime":1376.917,"body":"side, working to add Monero support to Ledger."},{"speaker":"Zach Herbert","startTime":1377.061,"endTime":1384.085,"body":"The only real way you can support the newest"},{"speaker":"Zach Herbert","startTime":1377.061,"endTime":1384.085,"body":"stuff or to build in some hardware wallet"},{"speaker":"Zach Herbert","startTime":1384.125,"endTime":1386.985,"body":"integration into your app is to go through"},{"speaker":"Zach Herbert","startTime":1384.125,"endTime":1386.985,"body":"Ledger."},{"speaker":"Zach Herbert","startTime":1387.565,"endTime":1390.865,"body":"And the only apps that are on Ledger are"},{"speaker":"Zach Herbert","startTime":1387.565,"endTime":1390.865,"body":"coins."},{"speaker":"Zach Herbert","startTime":1391.165,"endTime":1396.157,"body":"And I've heard different things about how you"},{"speaker":"Zach Herbert","startTime":1391.165,"endTime":1396.157,"body":"get an app as a new coin onto Ledger, but I"},{"speaker":"Zach Herbert","startTime":1396.181,"endTime":1399.721,"body":"believe, and I'm not sure about this, but I've"},{"speaker":"Zach Herbert","startTime":1396.181,"endTime":1399.721,"body":"heard that there's payments involved."},{"speaker":"Zach Herbert","startTime":1399.873,"endTime":1402.137,"body":"I know there's really long wait times."},{"speaker":"Zach Herbert","startTime":1402.281,"endTime":1404.257,"body":"They have to review the app, review the code,"},{"speaker":"Zach Herbert","startTime":1404.281,"endTime":1406.105,"body":"and then they have to put into Ledger Live."},{"speaker":"Zach Herbert","startTime":1406.265,"endTime":1408.685,"body":"You're looking at a year or more of effort."},{"speaker":"Zach Herbert","startTime":1409.185,"endTime":1413.665,"body":"And they're not just going to put anything"},{"speaker":"Zach Herbert","startTime":1409.185,"endTime":1413.665,"body":"into the Ledger Live app catalog or whatever"},{"speaker":"Zach Herbert","startTime":1413.705,"endTime":1414.505,"body":"they call it."},{"speaker":"Zach Herbert","startTime":1414.665,"endTime":1416.265,"body":"It's going to be very different with Passport"},{"speaker":"Zach Herbert","startTime":1416.345,"endTime":1419.833,"body":"prime, because, yes, you can work with us."},{"speaker":"Zach Herbert","startTime":1419.889,"endTime":1423.735,"body":"We'll have an app catalog and our Envoy app to"},{"speaker":"Zach Herbert","startTime":1419.889,"endTime":1423.735,"body":"make it really easy to install apps."},{"speaker":"Zach Herbert","startTime":1423.825,"endTime":1427.051,"body":"But if developers want to, they're going to be"},{"speaker":"Zach Herbert","startTime":1423.825,"endTime":1427.051,"body":"able to distribute their apps directly to"},{"speaker":"Zach Herbert","startTime":1427.083,"endTime":1427.675,"body":"users."},{"speaker":"Zach Herbert","startTime":1427.795,"endTime":1432.387,"body":"And so no longer, no longer do you need to go"},{"speaker":"Zach Herbert","startTime":1427.795,"endTime":1432.387,"body":"ask for permission."},{"speaker":"Zach Herbert","startTime":1432.491,"endTime":1438.619,"body":"You can just permissionlessly build an app,"},{"speaker":"Zach Herbert","startTime":1432.491,"endTime":1438.619,"body":"integrate whatever you want with your app or"},{"speaker":"Zach Herbert","startTime":1438.667,"endTime":1442.963,"body":"service or wallet, and just ship it for"},{"speaker":"Zach Herbert","startTime":1438.667,"endTime":1442.963,"body":"Passport Prime."},{"speaker":"Zach Herbert","startTime":1443.059,"endTime":1448.875,"body":"And I think that's going to be huge, both"},{"speaker":"Zach Herbert","startTime":1443.059,"endTime":1448.875,"body":"within the crypto space in general, but even"},{"speaker":"Zach Herbert","startTime":1448.915,"endTime":1449.755,"body":"within Bitcoin."},{"speaker":"Zach Herbert","startTime":1449.835,"endTime":1450.219,"body":"Right."},{"speaker":"Zach Herbert","startTime":1450.307,"endTime":1451.755,"body":"There's a lot of new capabilities."},{"speaker":"Zach Herbert","startTime":1451.835,"endTime":1453.715,"body":"Like Frost, you don't see any hardware wallet"},{"speaker":"Zach Herbert","startTime":1453.755,"endTime":1454.051,"body":"support."},{"speaker":"Zach Herbert","startTime":1454.123,"endTime":1456.231,"body":"You should just be able to go build an app for"},{"speaker":"Zach Herbert","startTime":1454.123,"endTime":1456.231,"body":"that."},{"speaker":"Zach Herbert","startTime":1456.343,"endTime":1460.575,"body":"But then even outside of the Bitcoin or"},{"speaker":"Zach Herbert","startTime":1456.343,"endTime":1460.575,"body":"cryptocurrency space as well, you know, maybe"},{"speaker":"Zach Herbert","startTime":1460.615,"endTime":1461.415,"body":"you want to build."},{"speaker":"Zach Herbert","startTime":1461.495,"endTime":1466.823,"body":"Someone might build an app with PGP or SSH"},{"speaker":"Zach Herbert","startTime":1461.495,"endTime":1466.823,"body":"signing, maybe something more custom to"},{"speaker":"Zach Herbert","startTime":1466.839,"endTime":1469.407,"body":"integrate with GitHub for code signing and"},{"speaker":"Zach Herbert","startTime":1466.839,"endTime":1469.407,"body":"releases."},{"speaker":"Zach Herbert","startTime":1469.511,"endTime":1473.767,"body":"There's so many things maybe integrating with"},{"speaker":"Zach Herbert","startTime":1469.511,"endTime":1473.767,"body":"Bit Warden where you don't have to type in a"},{"speaker":"Zach Herbert","startTime":1473.791,"endTime":1475.495,"body":"master password on your computer."},{"speaker":"Zach Herbert","startTime":1475.615,"endTime":1478.231,"body":"You just tap on Passport prime and authorize."},{"speaker":"Zach Herbert","startTime":1478.343,"endTime":1479.955,"body":"These are just things I'm thinking of."},{"speaker":"Zach Herbert","startTime":1480.815,"endTime":1486.697,"body":"We've recorded Q and A and I recorded a"},{"speaker":"Zach Herbert","startTime":1480.815,"endTime":1486.697,"body":"podcast with Max, you know, at Ungovernable,"},{"speaker":"Zach Herbert","startTime":1486.841,"endTime":1491.801,"body":"and Q and A just realized, oh my God, you"},{"speaker":"Zach Herbert","startTime":1486.841,"endTime":1491.801,"body":"could do a full offline nostr signer where the"},{"speaker":"Zach Herbert","startTime":1491.833,"endTime":1497.881,"body":"nostr keys never leave the device, but you're"},{"speaker":"Zach Herbert","startTime":1491.833,"endTime":1497.881,"body":"able to enable, enable to you enable yourself"},{"speaker":"Zach Herbert","startTime":1497.953,"endTime":1500.593,"body":"to post to nostr from your phone."},{"speaker":"Zach Herbert","startTime":1500.689,"endTime":1503.889,"body":"While basically prime acts as like an HSM"},{"speaker":"Zach Herbert","startTime":1500.689,"endTime":1503.889,"body":"style device."},{"speaker":"Zach Herbert","startTime":1503.937,"endTime":1509.233,"body":"So I'm just, we're scratching the surface and"},{"speaker":"Zach Herbert","startTime":1503.937,"endTime":1509.233,"body":"I think the comparison that I drew in the"},{"speaker":"Zach Herbert","startTime":1509.249,"endTime":1511.839,"body":"keynote is pretty appropriate."},{"speaker":"Zach Herbert","startTime":1511.927,"endTime":1518.319,"body":"It's the idea of before the iPhone and the App"},{"speaker":"Zach Herbert","startTime":1511.927,"endTime":1518.319,"body":"store, there was barely any apps for"},{"speaker":"Zach Herbert","startTime":1518.447,"endTime":1523.527,"body":"BlackBerry or, you know, Palm Pilots or, you"},{"speaker":"Zach Herbert","startTime":1518.447,"endTime":1523.527,"body":"know, the Palm Trio and those kinds of"},{"speaker":"Zach Herbert","startTime":1523.551,"endTime":1524.207,"body":"devices."},{"speaker":"Zach Herbert","startTime":1524.391,"endTime":1529.999,"body":"And then once you had that device that enabled"},{"speaker":"Zach Herbert","startTime":1524.391,"endTime":1529.999,"body":"you to have a platform, all of a sudden apps,"},{"speaker":"Zach Herbert","startTime":1530.047,"endTime":1530.231,"body":"Right."},{"speaker":"Zach Herbert","startTime":1530.263,"endTime":1531.919,"body":"And now there's millions and millions of apps,"},{"speaker":"Zach Herbert","startTime":1531.967,"endTime":1537.377,"body":"most, most of them kind of crappy, but so many"},{"speaker":"Zach Herbert","startTime":1531.967,"endTime":1537.377,"body":"of them offering amazing functionality that if"},{"speaker":"Zach Herbert","startTime":1537.401,"endTime":1541.097,"body":"you asked us, you know, over a decade ago,"},{"speaker":"Zach Herbert","startTime":1537.401,"endTime":1541.097,"body":"when the iPhone first came out, no one would"},{"speaker":"Zach Herbert","startTime":1541.121,"endTime":1545.057,"body":"even expect that all these apps would be there"},{"speaker":"Zach Herbert","startTime":1541.121,"endTime":1545.057,"body":"and they didn't really understand the"},{"speaker":"Zach Herbert","startTime":1545.081,"endTime":1546.049,"body":"implications of that."},{"speaker":"Zach Herbert","startTime":1546.137,"endTime":1550.249,"body":"And I hope that we're going to be able to do"},{"speaker":"Zach Herbert","startTime":1546.137,"endTime":1550.249,"body":"the same thing on the personal security side"},{"speaker":"Zach Herbert","startTime":1550.377,"endTime":1555.937,"body":"and having an offline device to store, store"},{"speaker":"Zach Herbert","startTime":1550.377,"endTime":1555.937,"body":"all your most important stuff and then also"},{"speaker":"Zach Herbert","startTime":1556.001,"endTime":1557.125,"body":"sign anything."},{"speaker":"Zach Herbert","startTime":1557.465,"endTime":1564.075,"body":"And we as foundation get to focus on building"},{"speaker":"Zach Herbert","startTime":1557.465,"endTime":1564.075,"body":"the platform and then we get to focus on"},{"speaker":"Zach Herbert","startTime":1564.115,"endTime":1569.739,"body":"empowering all the developers out there to"},{"speaker":"Zach Herbert","startTime":1564.115,"endTime":1569.739,"body":"bring whatever they want onto the platform and"},{"speaker":"Zach Herbert","startTime":1569.747,"endTime":1571.843,"body":"we can become more of a steward of this"},{"speaker":"Zach Herbert","startTime":1569.747,"endTime":1571.843,"body":"platform."},{"speaker":"Zach Herbert","startTime":1571.899,"endTime":1573.243,"body":"And so that's why I'm really excited about it."},{"speaker":"Zach Herbert","startTime":1573.259,"endTime":1575.027,"body":"And that's what we're calling it, a personal"},{"speaker":"Zach Herbert","startTime":1575.131,"endTime":1576.295,"body":"security platform."},{"speaker":"Seth For Privacy","startTime":1576.635,"endTime":1580.619,"body":"Yeah, to me it kind of has a"},{"speaker":"Seth For Privacy","startTime":1576.635,"endTime":1580.619,"body":"lot of the, like, it's obviously not a perfect"},{"speaker":"Seth For Privacy","startTime":1580.667,"endTime":1586.659,"body":"comparison, but a lot of the advantages of"},{"speaker":"Seth For Privacy","startTime":1580.667,"endTime":1586.659,"body":"Android versus iOS today, for the person who's"},{"speaker":"Seth For Privacy","startTime":1586.707,"endTime":1590.867,"body":"more hardcore about wanting to do things their"},{"speaker":"Seth For Privacy","startTime":1586.707,"endTime":1590.867,"body":"way in that on Android you can just sideload"},{"speaker":"Seth For Privacy","startTime":1590.891,"endTime":1591.403,"body":"APKs."},{"speaker":"Seth For Privacy","startTime":1591.499,"endTime":1594.507,"body":"Like if you have a favorite project that's on"},{"speaker":"Seth For Privacy","startTime":1591.499,"endTime":1594.507,"body":"GitHub and for some reason they're not on the"},{"speaker":"Seth For Privacy","startTime":1594.531,"endTime":1599.715,"body":"Play Store, you can just sideload that apk,"},{"speaker":"Seth For Privacy","startTime":1594.531,"endTime":1599.715,"body":"install it directly from the person and start"},{"speaker":"Seth For Privacy","startTime":1599.755,"endTime":1601.507,"body":"using whatever that functionality is today."},{"speaker":"Seth For Privacy","startTime":1601.571,"endTime":1604.675,"body":"And that's a lot of what prime brings that"},{"speaker":"Seth For Privacy","startTime":1601.571,"endTime":1604.675,"body":"things like Ledger don't."},{"speaker":"Seth For Privacy","startTime":1604.715,"endTime":1612.043,"body":"Where you have to just hope that the holy"},{"speaker":"Seth For Privacy","startTime":1604.715,"endTime":1612.043,"body":"Ledger mothership decides that your coin can"},{"speaker":"Seth For Privacy","startTime":1612.059,"endTime":1616.707,"body":"get in or that your update that you have to"},{"speaker":"Seth For Privacy","startTime":1612.059,"endTime":1616.707,"body":"have for this feature can get approved in time"},{"speaker":"Seth For Privacy","startTime":1616.851,"endTime":1617.899,"body":"for your launch."},{"speaker":"Zach Herbert","startTime":1617.947,"endTime":1618.411,"body":"Yeah."},{"speaker":"Seth For Privacy","startTime":1618.523,"endTime":1622.203,"body":"And instead now not only are"},{"speaker":"Seth For Privacy","startTime":1618.523,"endTime":1622.203,"body":"you not limited to cryptocurrency because like"},{"speaker":"Seth For Privacy","startTime":1622.219,"endTime":1626.931,"body":"you said, that's all the Ledger does right"},{"speaker":"Seth For Privacy","startTime":1622.219,"endTime":1626.931,"body":"now, but you finally can just build things."},{"speaker":"Seth For Privacy","startTime":1627.003,"endTime":1630.803,"body":"Like think of the potential of how people can"},{"speaker":"Seth For Privacy","startTime":1627.003,"endTime":1630.803,"body":"build around this."},{"speaker":"Seth For Privacy","startTime":1630.859,"endTime":1634.299,"body":"When testing, like you said, new features on"},{"speaker":"Seth For Privacy","startTime":1630.859,"endTime":1634.299,"body":"bitcoin things like Frost, things like, I"},{"speaker":"Seth For Privacy","startTime":1634.307,"endTime":1639.403,"body":"don't know, maybe building interesting use"},{"speaker":"Seth For Privacy","startTime":1634.307,"endTime":1639.403,"body":"cases for Covenants, testing things like"},{"speaker":"Seth For Privacy","startTime":1639.539,"endTime":1644.973,"body":"acting as an ARC signer, using hardware wallet"},{"speaker":"Seth For Privacy","startTime":1639.539,"endTime":1644.973,"body":"device as the hsm."},{"speaker":"Seth For Privacy","startTime":1645.149,"endTime":1650.605,"body":"There's so much potential for people to build"},{"speaker":"Seth For Privacy","startTime":1645.149,"endTime":1650.605,"body":"on an open platform that it's not just up to"},{"speaker":"Seth For Privacy","startTime":1650.645,"endTime":1654.885,"body":"foundation and what you guys can ship, which"},{"speaker":"Seth For Privacy","startTime":1650.645,"endTime":1654.885,"body":"are always shipping a ton and doing absolutely"},{"speaker":"Seth For Privacy","startTime":1654.925,"endTime":1655.605,"body":"fantastic work."},{"speaker":"Seth For Privacy","startTime":1655.645,"endTime":1657.309,"body":"But you're a limited team."},{"speaker":"Seth For Privacy","startTime":1657.437,"endTime":1658.997,"body":"There are lots of things that people want that"},{"speaker":"Seth For Privacy","startTime":1659.021,"endTime":1662.157,"body":"either y'all wouldn't think of because"},{"speaker":"Seth For Privacy","startTime":1659.021,"endTime":1662.157,"body":"obviously they have different backgrounds than"},{"speaker":"Seth For Privacy","startTime":1662.181,"endTime":1667.677,"body":"maybe y'all do, but also just think of the"},{"speaker":"Seth For Privacy","startTime":1662.181,"endTime":1667.677,"body":"resources of any open source dev can just grab"},{"speaker":"Seth For Privacy","startTime":1667.701,"endTime":1672.573,"body":"a Passport prime, work on the SDK when it's"},{"speaker":"Seth For Privacy","startTime":1667.701,"endTime":1672.573,"body":"out next year and start building whatever"},{"speaker":"Seth For Privacy","startTime":1672.629,"endTime":1674.325,"body":"their preferred tool is."},{"speaker":"Seth For Privacy","startTime":1674.365,"endTime":1677.909,"body":"And I think there's just so much fascinating"},{"speaker":"Seth For Privacy","startTime":1674.365,"endTime":1677.909,"body":"potential around that."},{"speaker":"Seth For Privacy","startTime":1678.037,"endTime":1681.053,"body":"I think especially on expanding, like you"},{"speaker":"Seth For Privacy","startTime":1678.037,"endTime":1681.053,"body":"said, the security platform side, the"},{"speaker":"Seth For Privacy","startTime":1681.069,"endTime":1686.413,"body":"cryptocurrency side is really fascinating"},{"speaker":"Seth For Privacy","startTime":1681.069,"endTime":1686.413,"body":"because then there's a lot of flexibility in"},{"speaker":"Seth For Privacy","startTime":1686.509,"endTime":1688.545,"body":"what coins people can get access to."},{"speaker":"Seth For Privacy","startTime":1689.525,"endTime":1691.021,"body":"You briefly touched on earlier."},{"speaker":"Seth For Privacy","startTime":1691.093,"endTime":1693.357,"body":"One thing that's going to be really fun is"},{"speaker":"Seth For Privacy","startTime":1693.381,"endTime":1696.689,"body":"that even though I'm not with foundation"},{"speaker":"Seth For Privacy","startTime":1693.381,"endTime":1696.689,"body":"anymore and I'm with cake, I'm still going to"},{"speaker":"Seth For Privacy","startTime":1696.697,"endTime":1700.793,"body":"get to work on Passport prime, because we at"},{"speaker":"Seth For Privacy","startTime":1696.697,"endTime":1700.793,"body":"CAKE are going to be building the first app"},{"speaker":"Seth For Privacy","startTime":1700.849,"endTime":1706.681,"body":"for Passport prime even before the SDK is"},{"speaker":"Seth For Privacy","startTime":1700.849,"endTime":1706.681,"body":"live, initially enabling Monero support with"},{"speaker":"Seth For Privacy","startTime":1706.713,"endTime":1710.585,"body":"the goal to enable support for all of the"},{"speaker":"Seth For Privacy","startTime":1706.713,"endTime":1710.585,"body":"cryptocurrencies that are available in CAKE"},{"speaker":"Seth For Privacy","startTime":1710.705,"endTime":1717.121,"body":"within one app on Passport prime, and just the"},{"speaker":"Seth For Privacy","startTime":1710.705,"endTime":1717.121,"body":"ability to do that and not have to go through"},{"speaker":"Seth For Privacy","startTime":1717.153,"endTime":1718.577,"body":"this crazy, massive company."},{"speaker":"Seth For Privacy","startTime":1718.641,"endTime":1722.129,"body":"Well, obviously we'll be working closely with"},{"speaker":"Seth For Privacy","startTime":1718.641,"endTime":1722.129,"body":"y'all, because you're kind of figuring out the"},{"speaker":"Seth For Privacy","startTime":1722.137,"endTime":1727.323,"body":"SDK side and building that and improving that"},{"speaker":"Seth For Privacy","startTime":1722.137,"endTime":1727.323,"body":"while we're working on it, but it's going to"},{"speaker":"Seth For Privacy","startTime":1727.339,"endTime":1733.219,"body":"allow us to distribute the things that we know"},{"speaker":"Seth For Privacy","startTime":1727.339,"endTime":1733.219,"body":"our customers, our users desperately want."},{"speaker":"Seth For Privacy","startTime":1733.387,"endTime":1737.139,"body":"There's this craving for a good hardware"},{"speaker":"Seth For Privacy","startTime":1733.387,"endTime":1737.139,"body":"wallet that actually supports all these assets"},{"speaker":"Seth For Privacy","startTime":1737.187,"endTime":1738.787,"body":"that's not a pain in the *** to use."},{"speaker":"Seth For Privacy","startTime":1738.931,"endTime":1740.827,"body":"And like I think I mentioned on Twitter last"},{"speaker":"Seth For Privacy","startTime":1740.851,"endTime":1746.507,"body":"week, I've had to use Ledger a lot more than I"},{"speaker":"Seth For Privacy","startTime":1740.851,"endTime":1746.507,"body":"ever have because that's the best way to get"},{"speaker":"Seth For Privacy","startTime":1746.531,"endTime":1750.803,"body":"monero support on iOS and Android because it"},{"speaker":"Seth For Privacy","startTime":1746.531,"endTime":1750.803,"body":"has Bluetooth, Trezza doesn't have Bluetooth,"},{"speaker":"Seth For Privacy","startTime":1750.859,"endTime":1753.707,"body":"so there's not a way to do iOS specifically."},{"speaker":"Seth For Privacy","startTime":1753.771,"endTime":1758.707,"body":"So we have to use Ledger, even though it's"},{"speaker":"Seth For Privacy","startTime":1753.771,"endTime":1758.707,"body":"incredibly painful on the dev side, not the"},{"speaker":"Seth For Privacy","startTime":1758.731,"endTime":1763.379,"body":"best user experience on the customer side,"},{"speaker":"Seth For Privacy","startTime":1758.731,"endTime":1763.379,"body":"because we have no control over how the Ledger"},{"speaker":"Seth For Privacy","startTime":1763.427,"endTime":1767.531,"body":"itself responds, over how it communicates with"},{"speaker":"Seth For Privacy","startTime":1763.427,"endTime":1767.531,"body":"our App, we have no way to influence that."},{"speaker":"Seth For Privacy","startTime":1767.643,"endTime":1772.059,"body":"Whereas with prime, we're building the app, we"},{"speaker":"Seth For Privacy","startTime":1767.643,"endTime":1772.059,"body":"can make the best UX that people have ever"},{"speaker":"Seth For Privacy","startTime":1772.107,"endTime":1772.747,"body":"seen."},{"speaker":"Seth For Privacy","startTime":1772.931,"endTime":1775.523,"body":"Interacting between cakewallet and prime,"},{"speaker":"Seth For Privacy","startTime":1775.579,"endTime":1778.123,"body":"y'all can do the same thing with Envoy and"},{"speaker":"Seth For Privacy","startTime":1775.579,"endTime":1778.123,"body":"Prime."},{"speaker":"Seth For Privacy","startTime":1778.259,"endTime":1782.359,"body":"Any wallet developer can do that and build out"},{"speaker":"Seth For Privacy","startTime":1778.259,"endTime":1782.359,"body":"an applet that specifically fits their needs."},{"speaker":"Seth For Privacy","startTime":1782.507,"endTime":1788.711,"body":"So it's going to be really, really cool to see"},{"speaker":"Seth For Privacy","startTime":1782.507,"endTime":1788.711,"body":"that proliferation of apps, I think, pretty"},{"speaker":"Seth For Privacy","startTime":1788.743,"endTime":1792.271,"body":"quickly, because I think there's a huge market"},{"speaker":"Seth For Privacy","startTime":1788.743,"endTime":1792.271,"body":"need for this and a huge desire to have"},{"speaker":"Seth For Privacy","startTime":1792.303,"endTime":1796.143,"body":"something that's a more open platform,"},{"speaker":"Seth For Privacy","startTime":1792.303,"endTime":1796.143,"body":"especially in the cryptocurrency space, but"},{"speaker":"Seth For Privacy","startTime":1796.159,"endTime":1797.239,"body":"also in the security one."},{"speaker":"Seth For Privacy","startTime":1797.287,"endTime":1802.687,"body":"So it's going to be a ton of fun, I think, to"},{"speaker":"Seth For Privacy","startTime":1797.287,"endTime":1802.687,"body":"get a little bit more technical, do you mind"},{"speaker":"Seth For Privacy","startTime":1802.711,"endTime":1806.743,"body":"jumping into the details of what's the OS"},{"speaker":"Seth For Privacy","startTime":1802.711,"endTime":1806.743,"body":"that's going to be running on Prime?"},{"speaker":"Seth For Privacy","startTime":1806.879,"endTime":1811.943,"body":"What kind of security, open source, that sort"},{"speaker":"Seth For Privacy","startTime":1806.879,"endTime":1811.943,"body":"of thing can people expect for the things that"},{"speaker":"Seth For Privacy","startTime":1811.959,"endTime":1814.775,"body":"are actually running there?"},{"speaker":"Seth For Privacy","startTime":1811.959,"endTime":1814.775,"body":"Because obviously, when we're talking about"},{"speaker":"Seth For Privacy","startTime":1814.815,"endTime":1818.391,"body":"like a Bitcoin hardware wallet, a lot of times"},{"speaker":"Seth For Privacy","startTime":1814.815,"endTime":1818.391,"body":"people get a little nervous if there's"},{"speaker":"Seth For Privacy","startTime":1818.423,"endTime":1824.015,"body":"anything else on their Bitcoin hardware wallet"},{"speaker":"Seth For Privacy","startTime":1818.423,"endTime":1824.015,"body":"than just the code to sign Bitcoin"},{"speaker":"Seth For Privacy","startTime":1824.055,"endTime":1825.463,"body":"transactions with private keys."},{"speaker":"Seth For Privacy","startTime":1825.559,"endTime":1830.191,"body":"So maybe jump into a little bit of what the OS"},{"speaker":"Seth For Privacy","startTime":1825.559,"endTime":1830.191,"body":"is, what kind of security assumptions and"},{"speaker":"Seth For Privacy","startTime":1830.223,"endTime":1832.075,"body":"guarantees y'all are building into Prime."},{"speaker":"Zach Herbert","startTime":1832.695,"endTime":1839.289,"body":"Yeah, it's interesting because"},{"speaker":"Zach Herbert","startTime":1832.695,"endTime":1839.289,"body":"more and more, as I talk about Passport, prime"},{"speaker":"Zach Herbert","startTime":1839.377,"endTime":1844.809,"body":"and the operating system, which is called"},{"speaker":"Zach Herbert","startTime":1839.377,"endTime":1844.809,"body":"Kios, which is something that we're extremely"},{"speaker":"Zach Herbert","startTime":1844.857,"endTime":1850.177,"body":"proud of and the main reason why it's taken us"},{"speaker":"Zach Herbert","startTime":1844.857,"endTime":1850.177,"body":"two years to introduce this device, instead of"},{"speaker":"Zach Herbert","startTime":1850.241,"endTime":1852.929,"body":"a year or so, which is what I originally"},{"speaker":"Zach Herbert","startTime":1850.241,"endTime":1852.929,"body":"thought it would take."},{"speaker":"Zach Herbert","startTime":1853.097,"endTime":1859.297,"body":"It almost feels like a lot of this is in"},{"speaker":"Zach Herbert","startTime":1853.097,"endTime":1859.297,"body":"response to Ledger, because we're quite"},{"speaker":"Zach Herbert","startTime":1859.361,"endTime":1867.071,"body":"familiar with the frustrations of using a"},{"speaker":"Zach Herbert","startTime":1859.361,"endTime":1867.071,"body":"Ledger device as users and hearing that"},{"speaker":"Zach Herbert","startTime":1867.103,"endTime":1867.727,"body":"feedback."},{"speaker":"Zach Herbert","startTime":1867.831,"endTime":1873.175,"body":"And then we're also very familiar, more and"},{"speaker":"Zach Herbert","startTime":1867.831,"endTime":1873.175,"body":"more with the frustration from developers,"},{"speaker":"Zach Herbert","startTime":1873.335,"endTime":1880.559,"body":"both who are building apps for Ledger, but"},{"speaker":"Zach Herbert","startTime":1873.335,"endTime":1880.559,"body":"then also just integrating with the existing"},{"speaker":"Zach Herbert","startTime":1880.607,"endTime":1883.559,"body":"Ledger apps, which is basically what Cake is"},{"speaker":"Zach Herbert","startTime":1880.607,"endTime":1883.559,"body":"doing, right?"},{"speaker":"Zach Herbert","startTime":1883.607,"endTime":1889.479,"body":"Trying to integrate with their SDK, support"},{"speaker":"Zach Herbert","startTime":1883.607,"endTime":1889.479,"body":"for the hardware to integrate into your"},{"speaker":"Zach Herbert","startTime":1889.527,"endTime":1895.763,"body":"wallet, then also support for the different"},{"speaker":"Zach Herbert","startTime":1889.527,"endTime":1895.763,"body":"coins and thinking about the user experience"},{"speaker":"Zach Herbert","startTime":1895.899,"endTime":1896.827,"body":"aspect of that."},{"speaker":"Zach Herbert","startTime":1896.891,"endTime":1903.971,"body":"The idea that if someone is using a Ledger"},{"speaker":"Zach Herbert","startTime":1896.891,"endTime":1903.971,"body":"with Cake, they need to open and close"},{"speaker":"Zach Herbert","startTime":1904.123,"endTime":1905.683,"body":"different apps on the Ledger."},{"speaker":"Zach Herbert","startTime":1905.739,"endTime":1907.867,"body":"If they want to do Monero, they have to open"},{"speaker":"Zach Herbert","startTime":1907.891,"endTime":1908.931,"body":"the Monero app."},{"speaker":"Zach Herbert","startTime":1909.043,"endTime":1911.707,"body":"If they want to do Bitcoin, they have to open"},{"speaker":"Zach Herbert","startTime":1909.043,"endTime":1911.707,"body":"the Bitcoin app."},{"speaker":"Zach Herbert","startTime":1911.731,"endTime":1915.371,"body":"I believe you guys support Ethereum, Solana"},{"speaker":"Zach Herbert","startTime":1911.731,"endTime":1915.371,"body":"and then other coins as well."},{"speaker":"Zach Herbert","startTime":1915.483,"endTime":1921.455,"body":"And as you support Those coins, the user"},{"speaker":"Zach Herbert","startTime":1915.483,"endTime":1921.455,"body":"actually has to first go into Ledger Live and"},{"speaker":"Zach Herbert","startTime":1921.495,"endTime":1925.471,"body":"install the apps for those coins one by one."},{"speaker":"Zach Herbert","startTime":1925.623,"endTime":1930.295,"body":"And their device may run out of memory too,"},{"speaker":"Zach Herbert","startTime":1925.623,"endTime":1930.295,"body":"depending on, you know, which model it is."},{"speaker":"Zach Herbert","startTime":1930.415,"endTime":1933.175,"body":"And then all of a sudden you, you can't even"},{"speaker":"Zach Herbert","startTime":1930.415,"endTime":1933.175,"body":"have all these apps."},{"speaker":"Zach Herbert","startTime":1933.215,"endTime":1936.775,"body":"You have to uninstall apps and try to manage"},{"speaker":"Zach Herbert","startTime":1933.215,"endTime":1936.775,"body":"that."},{"speaker":"Zach Herbert","startTime":1936.895,"endTime":1940.415,"body":"And almost every Ledger user is accustomed to"},{"speaker":"Zach Herbert","startTime":1936.895,"endTime":1940.415,"body":"that."},{"speaker":"Zach Herbert","startTime":1940.535,"endTime":1945.139,"body":"The idea that you have to install apps,"},{"speaker":"Zach Herbert","startTime":1940.535,"endTime":1945.139,"body":"uninstall apps, you're going to run out of"},{"speaker":"Zach Herbert","startTime":1945.187,"endTime":1945.707,"body":"space."},{"speaker":"Zach Herbert","startTime":1945.851,"endTime":1949.987,"body":"And then if you, even if you're using Cake"},{"speaker":"Zach Herbert","startTime":1945.851,"endTime":1949.987,"body":"Wallet and you want to do two transactions,"},{"speaker":"Zach Herbert","startTime":1950.051,"endTime":1954.131,"body":"well, you're opening the Monero app, you're"},{"speaker":"Zach Herbert","startTime":1950.051,"endTime":1954.131,"body":"closing Monero app, you're opening the Bitcoin"},{"speaker":"Zach Herbert","startTime":1954.163,"endTime":1956.355,"body":"app, you're closing the Bitcoin app, you're"},{"speaker":"Zach Herbert","startTime":1954.163,"endTime":1956.355,"body":"getting errors all the time."},{"speaker":"Zach Herbert","startTime":1956.395,"endTime":1959.295,"body":"Oh, you have to open, you have to close this"},{"speaker":"Zach Herbert","startTime":1956.395,"endTime":1959.295,"body":"app, you have to open this app."},{"speaker":"Zach Herbert","startTime":1959.635,"endTime":1965.571,"body":"And all of that has really informed our"},{"speaker":"Zach Herbert","startTime":1959.635,"endTime":1965.571,"body":"approach and architecture with the operating"},{"speaker":"Zach Herbert","startTime":1965.643,"endTime":1965.923,"body":"system."},{"speaker":"Zach Herbert","startTime":1965.979,"endTime":1970.139,"body":"So when Ledger introduced the new Ink devices,"},{"speaker":"Zach Herbert","startTime":1970.267,"endTime":1975.797,"body":"Stacks and Flex, I think they missed out on a"},{"speaker":"Zach Herbert","startTime":1970.267,"endTime":1975.797,"body":"pretty huge opportunity because I think they"},{"speaker":"Zach Herbert","startTime":1975.821,"endTime":1980.861,"body":"had an opportunity to build a new operating"},{"speaker":"Zach Herbert","startTime":1975.821,"endTime":1980.861,"body":"system or at least do a major update to their"},{"speaker":"Zach Herbert","startTime":1980.893,"endTime":1985.853,"body":"Bolos operating system, which has basically"},{"speaker":"Zach Herbert","startTime":1980.893,"endTime":1985.853,"body":"been consistent for a decade."},{"speaker":"Zach Herbert","startTime":1986.029,"endTime":1990.429,"body":"I mean, it's the same operating system that"},{"speaker":"Zach Herbert","startTime":1986.029,"endTime":1990.429,"body":"was in the original Ledger Nano S, which is"},{"speaker":"Zach Herbert","startTime":1990.477,"endTime":1992.785,"body":"probably a 10 year old product right now."},{"speaker":"Zach Herbert","startTime":1993.205,"endTime":1999.635,"body":"And they just took the internals of the Nano X"},{"speaker":"Zach Herbert","startTime":1993.205,"endTime":1999.635,"body":"and connected it to an E Ink touchscreen."},{"speaker":"Zach Herbert","startTime":1999.805,"endTime":2004.927,"body":"Of course there's an updated ui, but it's"},{"speaker":"Zach Herbert","startTime":1999.805,"endTime":2004.927,"body":"essentially the same UI that was on the tiny"},{"speaker":"Zach Herbert","startTime":2005.031,"endTime":2006.575,"body":"Nano devices just now."},{"speaker":"Zach Herbert","startTime":2006.615,"endTime":2011.591,"body":"You don't have to scroll sideways on the"},{"speaker":"Zach Herbert","startTime":2006.615,"endTime":2011.591,"body":"screen, you can at least see, you know, the"},{"speaker":"Zach Herbert","startTime":2011.623,"endTime":2012.791,"body":"address and that kind of stuff."},{"speaker":"Zach Herbert","startTime":2012.823,"endTime":2015.663,"body":"On a larger 3 1/2 inch touchscreen display for"},{"speaker":"Zach Herbert","startTime":2015.759,"endTime":2017.755,"body":"Stacks and a little smaller for Flex."},{"speaker":"Zach Herbert","startTime":2018.735,"endTime":2027.281,"body":"We think that a smart card based os, which is"},{"speaker":"Zach Herbert","startTime":2018.735,"endTime":2027.281,"body":"what Bolos is, is while it's the reason for"},{"speaker":"Zach Herbert","startTime":2027.313,"endTime":2031.745,"body":"their good security, because the smart card"},{"speaker":"Zach Herbert","startTime":2027.313,"endTime":2031.745,"body":"operating systems are probably about 30 years"},{"speaker":"Zach Herbert","startTime":2031.785,"endTime":2036.445,"body":"old now, they're used in payment cards and"},{"speaker":"Zach Herbert","startTime":2031.785,"endTime":2036.445,"body":"that kind of technology."},{"speaker":"Zach Herbert","startTime":2036.785,"endTime":2039.633,"body":"They're extremely proprietary and closed"},{"speaker":"Zach Herbert","startTime":2036.785,"endTime":2039.633,"body":"source."},{"speaker":"Zach Herbert","startTime":2039.729,"endTime":2043.993,"body":"I don't even think Ledger has access to all"},{"speaker":"Zach Herbert","startTime":2039.729,"endTime":2043.993,"body":"the code in Bolos is my personal guess."},{"speaker":"Zach Herbert","startTime":2044.129,"endTime":2050.305,"body":"I think probably a lot of it is just black box"},{"speaker":"Zach Herbert","startTime":2044.129,"endTime":2050.305,"body":"stuff that comes from other companies like"},{"speaker":"Zach Herbert","startTime":2050.345,"endTime":2053.205,"body":"stm, who they buy the smart card chip from."},{"speaker":"Zach Herbert","startTime":2053.885,"endTime":2059.477,"body":"But I think that the smart card is extremely"},{"speaker":"Zach Herbert","startTime":2053.885,"endTime":2059.477,"body":"limiting."},{"speaker":"Zach Herbert","startTime":2059.581,"endTime":2063.517,"body":"It's why there's no memory, it's why the"},{"speaker":"Zach Herbert","startTime":2059.581,"endTime":2063.517,"body":"performance is so slow."},{"speaker":"Zach Herbert","startTime":2063.661,"endTime":2069.165,"body":"It's why they cannot do any kind of real"},{"speaker":"Zach Herbert","startTime":2063.661,"endTime":2069.165,"body":"graphics or Power any real kind of display."},{"speaker":"Zach Herbert","startTime":2069.325,"endTime":2075.405,"body":"So what we said is we set out to build an"},{"speaker":"Zach Herbert","startTime":2069.325,"endTime":2075.405,"body":"operating system that can enable this open"},{"speaker":"Zach Herbert","startTime":2075.485,"endTime":2076.533,"body":"developer platform."},{"speaker":"Zach Herbert","startTime":2076.629,"endTime":2078.773,"body":"And that's so crucial to think about from a"},{"speaker":"Zach Herbert","startTime":2078.789,"endTime":2083.92,"body":"tech perspective, because Ledger could never"},{"speaker":"Zach Herbert","startTime":2078.789,"endTime":2083.92,"body":"enable an open dev platform."},{"speaker":"Zach Herbert","startTime":2083.992,"endTime":2089.336,"body":"Because every app on Ledger, while the code is"},{"speaker":"Zach Herbert","startTime":2083.992,"endTime":2089.336,"body":"open source, as you know, like the Monero app"},{"speaker":"Zach Herbert","startTime":2089.36,"endTime":2091.736,"body":"is open source, the Bitcoin app is open"},{"speaker":"Zach Herbert","startTime":2089.36,"endTime":2091.736,"body":"source."},{"speaker":"Zach Herbert","startTime":2091.92,"endTime":2098.232,"body":"It all pulls from the same master seed on the"},{"speaker":"Zach Herbert","startTime":2091.92,"endTime":2098.232,"body":"device, which is why they have to review every"},{"speaker":"Zach Herbert","startTime":2098.288,"endTime":2098.576,"body":"app."},{"speaker":"Zach Herbert","startTime":2098.64,"endTime":2104.696,"body":"Because if there's a malicious app, it could"},{"speaker":"Zach Herbert","startTime":2098.64,"endTime":2104.696,"body":"potentially somehow, you know, access that."},{"speaker":"Zach Herbert","startTime":2104.76,"endTime":2105.8,"body":"Well, it can access that seed."},{"speaker":"Zach Herbert","startTime":2105.832,"endTime":2108.132,"body":"Maybe it can exfill that seed in some way,"},{"speaker":"Zach Herbert","startTime":2108.248,"endTime":2111.917,"body":"maybe it could do some kind of damage, sign"},{"speaker":"Zach Herbert","startTime":2108.248,"endTime":2111.917,"body":"stuff, you know, in the back end without"},{"speaker":"Zach Herbert","startTime":2111.981,"endTime":2113.625,"body":"permission and so on."},{"speaker":"Zach Herbert","startTime":2114.205,"endTime":2120.317,"body":"So in order to enable an open app ecosystem,"},{"speaker":"Zach Herbert","startTime":2114.205,"endTime":2120.317,"body":"you need to sandbox every app."},{"speaker":"Zach Herbert","startTime":2120.461,"endTime":2125.213,"body":"You need to put every single app in a sandbox"},{"speaker":"Zach Herbert","startTime":2120.461,"endTime":2125.213,"body":"where it cannot, even if it's malicious, it"},{"speaker":"Zach Herbert","startTime":2125.229,"endTime":2126.669,"body":"cannot impact other apps."},{"speaker":"Zach Herbert","startTime":2126.757,"endTime":2129.349,"body":"So all of a sudden you need a more modern"},{"speaker":"Zach Herbert","startTime":2126.757,"endTime":2129.349,"body":"operating system."},{"speaker":"Zach Herbert","startTime":2129.437,"endTime":2131.365,"body":"You can't do something like Smart Card."},{"speaker":"Zach Herbert","startTime":2131.445,"endTime":2132.989,"body":"Think about something more like what's in your"},{"speaker":"Zach Herbert","startTime":2133.037,"endTime":2137.847,"body":"iPhone or Android, where each app is in its"},{"speaker":"Zach Herbert","startTime":2133.037,"endTime":2137.847,"body":"own sandbox and the operating system manages"},{"speaker":"Zach Herbert","startTime":2137.911,"endTime":2138.719,"body":"permissions."},{"speaker":"Zach Herbert","startTime":2138.847,"endTime":2144.591,"body":"So, Ken, our CTO and one of my co founders and"},{"speaker":"Zach Herbert","startTime":2138.847,"endTime":2144.591,"body":"I have been talking about doing a microkernel"},{"speaker":"Zach Herbert","startTime":2144.623,"endTime":2148.791,"body":"based OS since probably late 2020, like the"},{"speaker":"Zach Herbert","startTime":2144.623,"endTime":2148.791,"body":"same year we started the company."},{"speaker":"Zach Herbert","startTime":2148.943,"endTime":2154.343,"body":"We thought a microkernel is the way to go"},{"speaker":"Zach Herbert","startTime":2148.943,"endTime":2154.343,"body":"because on one hand you have really great"},{"speaker":"Zach Herbert","startTime":2154.479,"endTime":2160.279,"body":"resiliency where everything in the operating"},{"speaker":"Zach Herbert","startTime":2154.479,"endTime":2160.279,"body":"system at the kernel level is modularized."},{"speaker":"Zach Herbert","startTime":2160.327,"endTime":2165.557,"body":"It's like everything is its own little app,"},{"speaker":"Zach Herbert","startTime":2160.327,"endTime":2165.557,"body":"whether it's a driver for a specific component"},{"speaker":"Zach Herbert","startTime":2165.701,"endTime":2174.557,"body":"or it's a user facing like app with a ui or"},{"speaker":"Zach Herbert","startTime":2165.701,"endTime":2174.557,"body":"it's like a backend, like Bitcoin signing"},{"speaker":"Zach Herbert","startTime":2174.621,"endTime":2175.069,"body":"code."},{"speaker":"Zach Herbert","startTime":2175.157,"endTime":2180.365,"body":"You can modularize everything, so if something"},{"speaker":"Zach Herbert","startTime":2175.157,"endTime":2180.365,"body":"crashes, it actually means that the whole"},{"speaker":"Zach Herbert","startTime":2180.405,"endTime":2181.165,"body":"system doesn't crash."},{"speaker":"Zach Herbert","startTime":2181.205,"endTime":2182.825,"body":"You can just bring it right back up."},{"speaker":"Zach Herbert","startTime":2183.245,"endTime":2187.865,"body":"And you're probably familiar with Jeremy"},{"speaker":"Zach Herbert","startTime":2183.245,"endTime":2187.865,"body":"Saller at System 76."},{"speaker":"Zach Herbert","startTime":2188.815,"endTime":2193.263,"body":"He's been working on Redux, which is one of"},{"speaker":"Zach Herbert","startTime":2188.815,"endTime":2193.263,"body":"those Rust microkernel operating systems."},{"speaker":"Zach Herbert","startTime":2193.399,"endTime":2199.063,"body":"We knew we wanted to do a Rust microkernel"},{"speaker":"Zach Herbert","startTime":2193.399,"endTime":2199.063,"body":"operating system and so we found a really cool"},{"speaker":"Zach Herbert","startTime":2199.119,"endTime":2200.399,"body":"project by."},{"speaker":"Zach Herbert","startTime":2200.567,"endTime":2205.743,"body":"We didn't think that a Redux was right for us"},{"speaker":"Zach Herbert","startTime":2200.567,"endTime":2205.743,"body":"because it was more desktop oriented and we"},{"speaker":"Zach Herbert","startTime":2205.759,"endTime":2211.071,"body":"needed something for much lower powered, like"},{"speaker":"Zach Herbert","startTime":2205.759,"endTime":2211.071,"body":"embedded security devices running on much"},{"speaker":"Zach Herbert","startTime":2211.103,"endTime":2213.115,"body":"lower powered microprocessor."},{"speaker":"Zach Herbert","startTime":2213.535,"endTime":2218.799,"body":"And so we chose to build on this project"},{"speaker":"Zach Herbert","startTime":2213.535,"endTime":2218.799,"body":"called Zeus X U S by Bunny and Zobs."},{"speaker":"Zach Herbert","startTime":2218.847,"endTime":2222.059,"body":"And Bunny is the famous hard Hardware Hacker"},{"speaker":"Zach Herbert","startTime":2218.847,"endTime":2222.059,"body":"Bunny, I think, did some of the Bitcoin"},{"speaker":"Zach Herbert","startTime":2222.107,"endTime":2227.507,"body":"podcasts a few years ago talking about his"},{"speaker":"Zach Herbert","startTime":2222.107,"endTime":2227.507,"body":"crowdfunded project called Be Trusted, which"},{"speaker":"Zach Herbert","startTime":2227.531,"endTime":2228.819,"body":"became Precursor."},{"speaker":"Zach Herbert","startTime":2228.947,"endTime":2235.083,"body":"They're building like a. It almost looks like"},{"speaker":"Zach Herbert","startTime":2228.947,"endTime":2235.083,"body":"a, like a kind of open source developer style"},{"speaker":"Zach Herbert","startTime":2235.139,"endTime":2238.371,"body":"BlackBerry, like Vibe with a QWERTY keyboard"},{"speaker":"Zach Herbert","startTime":2235.139,"endTime":2238.371,"body":"and so on."},{"speaker":"Zach Herbert","startTime":2238.523,"endTime":2242.027,"body":"And we were inspired by that device with some"},{"speaker":"Zach Herbert","startTime":2238.523,"endTime":2242.027,"body":"aspects of it."},{"speaker":"Zach Herbert","startTime":2242.051,"endTime":2247.965,"body":"When we made like the first Passport, we used"},{"speaker":"Zach Herbert","startTime":2242.051,"endTime":2247.965,"body":"actually a similar memory, LCD memory display,"},{"speaker":"Zach Herbert","startTime":2248.005,"endTime":2249.869,"body":"which is exactly what they do on Precursor."},{"speaker":"Zach Herbert","startTime":2249.997,"endTime":2253.189,"body":"But more interestingly, we thought the"},{"speaker":"Zach Herbert","startTime":2253.237,"endTime":2258.421,"body":"operating system that they were working on,"},{"speaker":"Zach Herbert","startTime":2253.237,"endTime":2258.421,"body":"while very early, very developer focused,"},{"speaker":"Zach Herbert","startTime":2258.613,"endTime":2260.701,"body":"didn't have graphics or anything like that."},{"speaker":"Zach Herbert","startTime":2260.733,"endTime":2265.165,"body":"It was just, you know, putting text in black"},{"speaker":"Zach Herbert","startTime":2260.733,"endTime":2265.165,"body":"and white on a, on a black and white display"},{"speaker":"Zach Herbert","startTime":2265.325,"endTime":2267.305,"body":"and it only would run on RISC V."},{"speaker":"Zach Herbert","startTime":2268.085,"endTime":2270.181,"body":"So we said, okay, there's a lot of work to do."},{"speaker":"Zach Herbert","startTime":2270.213,"endTime":2272.037,"body":"But we thought this Rust Microkernel was an"},{"speaker":"Zach Herbert","startTime":2272.061,"endTime":2278.995,"body":"amazing foundation to build on, especially"},{"speaker":"Zach Herbert","startTime":2272.061,"endTime":2278.995,"body":"because the Microkernel also allows us to"},{"speaker":"Zach Herbert","startTime":2279.035,"endTime":2284.851,"body":"better sandbox all the apps and it enables us"},{"speaker":"Zach Herbert","startTime":2279.035,"endTime":2284.851,"body":"to have all the communication between the apps"},{"speaker":"Zach Herbert","startTime":2284.883,"endTime":2288.291,"body":"with something called message passing, where"},{"speaker":"Zach Herbert","startTime":2284.883,"endTime":2288.291,"body":"all the different apps on the back end just"},{"speaker":"Zach Herbert","startTime":2288.323,"endTime":2292.539,"body":"pass messages to each other so the OS can"},{"speaker":"Zach Herbert","startTime":2288.323,"endTime":2292.539,"body":"really lock down and be aware of everything"},{"speaker":"Zach Herbert","startTime":2292.587,"endTime":2295.859,"body":"that's going on, all the different"},{"speaker":"Zach Herbert","startTime":2292.587,"endTime":2295.859,"body":"communication between the different modular"},{"speaker":"Zach Herbert","startTime":2295.947,"endTime":2297.335,"body":"apps in the back end."},{"speaker":"Zach Herbert","startTime":2297.915,"endTime":2304.853,"body":"So we ported Zeus from RISC V to arm and we"},{"speaker":"Zach Herbert","startTime":2297.915,"endTime":2304.853,"body":"just built a ton of stuff, a ton of stuff on"},{"speaker":"Zach Herbert","startTime":2304.869,"endTime":2308.989,"body":"top of it, including, you know, modern"},{"speaker":"Zach Herbert","startTime":2304.869,"endTime":2308.989,"body":"graphics to power the color touchscreen"},{"speaker":"Zach Herbert","startTime":2309.037,"endTime":2313.717,"body":"display, all the drivers for all the different"},{"speaker":"Zach Herbert","startTime":2309.037,"endTime":2313.717,"body":"components, all the different apps that I've"},{"speaker":"Zach Herbert","startTime":2313.741,"endTime":2315.221,"body":"talked about for the different features."},{"speaker":"Zach Herbert","startTime":2315.333,"endTime":2316.613,"body":"And that's what kios is."},{"speaker":"Zach Herbert","startTime":2316.669,"endTime":2319.581,"body":"And so it's extremely different from anything"},{"speaker":"Zach Herbert","startTime":2319.613,"endTime":2320.625,"body":"else on the market."},{"speaker":"Zach Herbert","startTime":2321.005,"endTime":2326.595,"body":"I think it might be the first ever mass"},{"speaker":"Zach Herbert","startTime":2321.005,"endTime":2326.595,"body":"consumer device to run a Microkernel os."},{"speaker":"Zach Herbert","startTime":2326.935,"endTime":2331.335,"body":"Google was actually working on one called"},{"speaker":"Zach Herbert","startTime":2326.935,"endTime":2331.335,"body":"Fuchsia, which some people know about, was"},{"speaker":"Zach Herbert","startTime":2331.375,"endTime":2335.783,"body":"rumored to be replacing both Android and"},{"speaker":"Zach Herbert","startTime":2331.375,"endTime":2335.783,"body":"Chrome OS in the coming years."},{"speaker":"Zach Herbert","startTime":2335.839,"endTime":2337.583,"body":"It seems like they paused that."},{"speaker":"Zach Herbert","startTime":2337.759,"endTime":2344.407,"body":"So this Microkernel stuff has been a pipe"},{"speaker":"Zach Herbert","startTime":2337.759,"endTime":2344.407,"body":"dream for many hardcore engineers for a long"},{"speaker":"Zach Herbert","startTime":2344.471,"endTime":2344.911,"body":"time."},{"speaker":"Zach Herbert","startTime":2345.023,"endTime":2347.751,"body":"You'll find it in commercial type"},{"speaker":"Zach Herbert","startTime":2347.783,"endTime":2351.343,"body":"applications, but you won't find it in any"},{"speaker":"Zach Herbert","startTime":2347.783,"endTime":2351.343,"body":"kind of consumer product."},{"speaker":"Zach Herbert","startTime":2351.439,"endTime":2354.127,"body":"And so we're really excited about it."},{"speaker":"Zach Herbert","startTime":2354.271,"endTime":2357.463,"body":"And that's what's powering Passport Prime."},{"speaker":"Zach Herbert","startTime":2357.639,"endTime":2360.435,"body":"That's what's enabling such great security."},{"speaker":"Zach Herbert","startTime":2360.815,"endTime":2365.807,"body":"We're able to take advantage of a lot of the"},{"speaker":"Zach Herbert","startTime":2360.815,"endTime":2365.807,"body":"security features on the processor by"},{"speaker":"Zach Herbert","startTime":2365.831,"endTime":2368.631,"body":"Microchip, which is, it's a special security"},{"speaker":"Zach Herbert","startTime":2365.831,"endTime":2368.631,"body":"microprocessor."},{"speaker":"Zach Herbert","startTime":2368.663,"endTime":2373.127,"body":"It's different than what we have right now in"},{"speaker":"Zach Herbert","startTime":2368.663,"endTime":2373.127,"body":"Passport, it has things like proper memory"},{"speaker":"Zach Herbert","startTime":2373.191,"endTime":2376.439,"body":"management, which allows you to completely"},{"speaker":"Zach Herbert","startTime":2373.191,"endTime":2376.439,"body":"isolate the apps."},{"speaker":"Zach Herbert","startTime":2376.607,"endTime":2380.111,"body":"It has things like active tamper protection,"},{"speaker":"Zach Herbert","startTime":2376.607,"endTime":2380.111,"body":"so we have tamper switches in the device."},{"speaker":"Zach Herbert","startTime":2380.143,"endTime":2382.351,"body":"So if you try to open it, it wipes itself."},{"speaker":"Zach Herbert","startTime":2382.503,"endTime":2384.391,"body":"A lot of really advanced features that you"},{"speaker":"Zach Herbert","startTime":2384.423,"endTime":2385.943,"body":"will not even see on Ledger."},{"speaker":"Zach Herbert","startTime":2386.119,"endTime":2390.271,"body":"I think of it more as like a next gen"},{"speaker":"Zach Herbert","startTime":2386.119,"endTime":2390.271,"body":"operating system that will allow us to really"},{"speaker":"Zach Herbert","startTime":2390.343,"endTime":2394.663,"body":"scale and onboard all these third party"},{"speaker":"Zach Herbert","startTime":2390.343,"endTime":2394.663,"body":"developers and really build this open,"},{"speaker":"Zach Herbert","startTime":2394.719,"endTime":2397.527,"body":"permissionless platform and ecosystem."},{"speaker":"Zach Herbert","startTime":2397.711,"endTime":2399.703,"body":"And Ledger is not going to be able to do it."},{"speaker":"Zach Herbert","startTime":2399.799,"endTime":2401.119,"body":"They just fundamentally are not going to be"},{"speaker":"Zach Herbert","startTime":2401.127,"endTime":2406.751,"body":"able to do it unless they take the time to"},{"speaker":"Zach Herbert","startTime":2401.127,"endTime":2406.751,"body":"reinvent the entire operating system."},{"speaker":"Zach Herbert","startTime":2406.903,"endTime":2412.903,"body":"And the other wallets that are running"},{"speaker":"Zach Herbert","startTime":2406.903,"endTime":2412.903,"body":"micropython or, you know, embedded Linux"},{"speaker":"Zach Herbert","startTime":2412.959,"endTime":2416.263,"body":"variants or Android variants or free rtos"},{"speaker":"Zach Herbert","startTime":2412.959,"endTime":2416.263,"body":"variants, they're not going to be able to do"},{"speaker":"Zach Herbert","startTime":2416.279,"endTime":2418.463,"body":"this either without, you know, massive"},{"speaker":"Zach Herbert","startTime":2416.279,"endTime":2418.463,"body":"changes."},{"speaker":"Zach Herbert","startTime":2418.519,"endTime":2424.247,"body":"And so the operating system is actually as"},{"speaker":"Zach Herbert","startTime":2418.519,"endTime":2424.247,"body":"much or more of the product here than the"},{"speaker":"Zach Herbert","startTime":2424.271,"endTime":2425.279,"body":"hardware itself."},{"speaker":"Zach Herbert","startTime":2425.447,"endTime":2427.319,"body":"But of course the hardware and the operating"},{"speaker":"Zach Herbert","startTime":2427.367,"endTime":2432.047,"body":"system have to be built simultaneously because"},{"speaker":"Zach Herbert","startTime":2427.367,"endTime":2432.047,"body":"we have to support every single component on"},{"speaker":"Zach Herbert","startTime":2432.071,"endTime":2438.079,"body":"the device, whether it's the main stuff like"},{"speaker":"Zach Herbert","startTime":2432.071,"endTime":2438.079,"body":"the chips or even the ambient light sensors to"},{"speaker":"Zach Herbert","startTime":2438.087,"endTime":2441.591,"body":"adjust the screen brightness automatically,"},{"speaker":"Zach Herbert","startTime":2438.087,"endTime":2441.591,"body":"the haptic motor so you get that haptic"},{"speaker":"Zach Herbert","startTime":2441.623,"endTime":2444.671,"body":"feedback as you tap the screen or the home"},{"speaker":"Zach Herbert","startTime":2441.623,"endTime":2444.671,"body":"button, the LEDs."},{"speaker":"Zach Herbert","startTime":2444.703,"endTime":2444.871,"body":"Right."},{"speaker":"Zach Herbert","startTime":2444.903,"endTime":2446.423,"body":"There's so many things we had to build from a"},{"speaker":"Zach Herbert","startTime":2446.439,"endTime":2448.031,"body":"driver perspective."},{"speaker":"Zach Herbert","startTime":2448.183,"endTime":2451.311,"body":"So yeah, that's, that's kios and of course"},{"speaker":"Zach Herbert","startTime":2451.343,"endTime":2452.263,"body":"it's open source."},{"speaker":"Zach Herbert","startTime":2452.359,"endTime":2453.695,"body":"That's the other great thing."},{"speaker":"Zach Herbert","startTime":2453.855,"endTime":2457.863,"body":"And it's a lot of licenses because that's what"},{"speaker":"Zach Herbert","startTime":2453.855,"endTime":2457.863,"body":"happens when you bring in, you know, a lot of"},{"speaker":"Zach Herbert","startTime":2457.879,"endTime":2460.175,"body":"different code and a lot of different"},{"speaker":"Zach Herbert","startTime":2457.879,"endTime":2460.175,"body":"libraries."},{"speaker":"Zach Herbert","startTime":2460.335,"endTime":2465.675,"body":"But it will be governed by gpl, so it will be,"},{"speaker":"Zach Herbert","startTime":2460.335,"endTime":2465.675,"body":"you know, fully copy left."},{"speaker":"Zach Herbert","startTime":2465.755,"endTime":2470.971,"body":"When we put out the first release of kiosk."},{"speaker":"Seth For Privacy","startTime":2471.003,"endTime":2475.107,"body":"Yeah, it's, it's wild how"},{"speaker":"Seth For Privacy","startTime":2471.003,"endTime":2475.107,"body":"much work has gone into that, that OS side and"},{"speaker":"Seth For Privacy","startTime":2475.131,"endTime":2476.187,"body":"how vital that is."},{"speaker":"Seth For Privacy","startTime":2476.251,"endTime":2478.883,"body":"I think that that kind of made me understand"},{"speaker":"Seth For Privacy","startTime":2478.979,"endTime":2481.867,"body":"why Ledger just keep shipping the same thing."},{"speaker":"Seth For Privacy","startTime":2481.931,"endTime":2485.235,"body":"Because like they have the market, why would"},{"speaker":"Seth For Privacy","startTime":2481.931,"endTime":2485.235,"body":"they put in the effort?"},{"speaker":"Seth For Privacy","startTime":2485.315,"endTime":2489.363,"body":"The consumer loses because they have the"},{"speaker":"Seth For Privacy","startTime":2485.315,"endTime":2489.363,"body":"market and they essentially have a monopoly of"},{"speaker":"Seth For Privacy","startTime":2489.379,"endTime":2490.003,"body":"the space."},{"speaker":"Seth For Privacy","startTime":2490.139,"endTime":2492.211,"body":"So they're able to just do nothing and keep"},{"speaker":"Seth For Privacy","startTime":2492.243,"endTime":2493.175,"body":"selling devices."},{"speaker":"Seth For Privacy","startTime":2493.515,"endTime":2495.559,"body":"But I think that's about to change."},{"speaker":"Seth For Privacy","startTime":2495.667,"endTime":2496.835,"body":"That's about to change."},{"speaker":"Seth For Privacy","startTime":2497.455,"endTime":2503.407,"body":"The last kind of major feature that I wanted"},{"speaker":"Seth For Privacy","startTime":2497.455,"endTime":2503.407,"body":"to touch on is because prime is a lot more"},{"speaker":"Seth For Privacy","startTime":2503.511,"endTime":2505.303,"body":"than a bitcoin hardware wallet now."},{"speaker":"Seth For Privacy","startTime":2505.319,"endTime":2507.535,"body":"You have a lot more stuff to figure out how"},{"speaker":"Seth For Privacy","startTime":2507.615,"endTime":2511.431,"body":"you properly back it up and how you properly"},{"speaker":"Seth For Privacy","startTime":2507.615,"endTime":2511.431,"body":"restore it."},{"speaker":"Seth For Privacy","startTime":2511.543,"endTime":2517.279,"body":"I know that a Lot of thinking has gone into"},{"speaker":"Seth For Privacy","startTime":2511.543,"endTime":2517.279,"body":"how you do device backups with prime, and I"},{"speaker":"Seth For Privacy","startTime":2517.287,"endTime":2520.835,"body":"think a lot of that is building on things that"},{"speaker":"Seth For Privacy","startTime":2517.287,"endTime":2520.835,"body":"they all done at foundation before."},{"speaker":"Seth For Privacy","startTime":2521.135,"endTime":2526.007,"body":"And like many of these things, I already know"},{"speaker":"Seth For Privacy","startTime":2521.135,"endTime":2526.007,"body":"the answer to this question because I helped"},{"speaker":"Seth For Privacy","startTime":2526.031,"endTime":2529.803,"body":"you all design a bit of IT work in Q and A a"},{"speaker":"Seth For Privacy","startTime":2526.031,"endTime":2529.803,"body":"lot, especially to figure out exactly how this"},{"speaker":"Seth For Privacy","startTime":2529.819,"endTime":2530.619,"body":"is going to work."},{"speaker":"Seth For Privacy","startTime":2530.747,"endTime":2534.179,"body":"But I'm also curious if there are any changes"},{"speaker":"Seth For Privacy","startTime":2530.747,"endTime":2534.179,"body":"since I last talked to your team."},{"speaker":"Seth For Privacy","startTime":2534.227,"endTime":2538.491,"body":"But how, how are people actually going to"},{"speaker":"Seth For Privacy","startTime":2534.227,"endTime":2538.491,"body":"onboard onto Prime?"},{"speaker":"Seth For Privacy","startTime":2538.603,"endTime":2540.395,"body":"What is that initial backup going to look"},{"speaker":"Seth For Privacy","startTime":2538.603,"endTime":2540.395,"body":"like?"},{"speaker":"Seth For Privacy","startTime":2540.435,"endTime":2543.843,"body":"And how do they make sure that when they have"},{"speaker":"Seth For Privacy","startTime":2540.435,"endTime":2543.843,"body":"all these secrets on here, they have totp,"},{"speaker":"Seth For Privacy","startTime":2543.899,"endTime":2547.915,"body":"they have Fido keys, they have Bitcoin keys,"},{"speaker":"Seth For Privacy","startTime":2543.899,"endTime":2547.915,"body":"they have Monero keys."},{"speaker":"Seth For Privacy","startTime":2547.955,"endTime":2553.259,"body":"How in the world do they actually backup and"},{"speaker":"Seth For Privacy","startTime":2547.955,"endTime":2553.259,"body":"restore all of this stuff without some massive"},{"speaker":"Seth For Privacy","startTime":2553.307,"endTime":2554.335,"body":"additional headache?"},{"speaker":"Zach Herbert","startTime":2554.885,"endTime":2557.025,"body":"Yes. So there's two parts to the"},{"speaker":"Zach Herbert","startTime":2554.885,"endTime":2557.025,"body":"answer."},{"speaker":"Zach Herbert","startTime":2557.325,"endTime":2561.157,"body":"One is backing up essentially the seed on the"},{"speaker":"Zach Herbert","startTime":2557.325,"endTime":2561.157,"body":"device, right?"},{"speaker":"Zach Herbert","startTime":2561.181,"endTime":2566.397,"body":"The master seed or the master key on the"},{"speaker":"Zach Herbert","startTime":2561.181,"endTime":2566.397,"body":"device, which is so important because a lot of"},{"speaker":"Zach Herbert","startTime":2566.421,"endTime":2568.477,"body":"stuff is derived from that seed, right?"},{"speaker":"Zach Herbert","startTime":2568.501,"endTime":2570.437,"body":"The bitcoin wallet that's built in."},{"speaker":"Zach Herbert","startTime":2570.621,"endTime":2572.885,"body":"If you do any security keys, they're derived"},{"speaker":"Zach Herbert","startTime":2572.925,"endTime":2573.709,"body":"from that."},{"speaker":"Zach Herbert","startTime":2573.877,"endTime":2576.973,"body":"If you do any pip 85 style child keys, they're"},{"speaker":"Zach Herbert","startTime":2576.989,"endTime":2577.661,"body":"derived from that."},{"speaker":"Zach Herbert","startTime":2577.693,"endTime":2579.269,"body":"So you want to, you have to back that up."},{"speaker":"Zach Herbert","startTime":2579.357,"endTime":2583.873,"body":"And then the other aspect is backing up all of"},{"speaker":"Zach Herbert","startTime":2579.357,"endTime":2583.873,"body":"the settings and metadata and other bits of"},{"speaker":"Zach Herbert","startTime":2583.889,"endTime":2584.569,"body":"stuff on the device."},{"speaker":"Zach Herbert","startTime":2584.617,"endTime":2586.801,"body":"So that might be, for example, you do those"},{"speaker":"Zach Herbert","startTime":2586.833,"endTime":2592.065,"body":"six digit, two FA codes where all the labels"},{"speaker":"Zach Herbert","startTime":2586.833,"endTime":2592.065,"body":"and derivation paths for everything."},{"speaker":"Zach Herbert","startTime":2592.225,"endTime":2596.737,"body":"And as you bring in third party apps, all"},{"speaker":"Zach Herbert","startTime":2592.225,"endTime":2596.737,"body":"those apps are going to have data that they"},{"speaker":"Zach Herbert","startTime":2596.761,"endTime":2598.001,"body":"need to store as well."},{"speaker":"Zach Herbert","startTime":2598.153,"endTime":2599.921,"body":"So it becomes much more of a difficult"},{"speaker":"Zach Herbert","startTime":2599.993,"endTime":2604.313,"body":"challenge than just a hardware wallet where"},{"speaker":"Zach Herbert","startTime":2599.993,"endTime":2604.313,"body":"you back up the seed and then you restore the"},{"speaker":"Zach Herbert","startTime":2604.329,"endTime":2605.585,"body":"seed if you lose the device."},{"speaker":"Zach Herbert","startTime":2605.705,"endTime":2611.653,"body":"But already I think Ledger users that are very"},{"speaker":"Zach Herbert","startTime":2605.705,"endTime":2611.653,"body":"active probably know that if you lose or wipe"},{"speaker":"Zach Herbert","startTime":2611.669,"endTime":2616.069,"body":"your ledger, setting it up again is a total"},{"speaker":"Zach Herbert","startTime":2611.669,"endTime":2616.069,"body":"pain in the *** because not only do you have"},{"speaker":"Zach Herbert","startTime":2616.077,"endTime":2618.757,"body":"to restore the seed, but you have to get all"},{"speaker":"Zach Herbert","startTime":2616.077,"endTime":2618.757,"body":"the apps back on."},{"speaker":"Zach Herbert","startTime":2618.941,"endTime":2627.745,"body":"There's no like one click, you know, reinstall"},{"speaker":"Zach Herbert","startTime":2618.941,"endTime":2627.745,"body":"or like icloud recovery style, you know,"},{"speaker":"Zach Herbert","startTime":2628.645,"endTime":2630.705,"body":"restore for ledger devices."},{"speaker":"Zach Herbert","startTime":2631.325,"endTime":2637.057,"body":"So what we're doing with Passport prime"},{"speaker":"Zach Herbert","startTime":2631.325,"endTime":2637.057,"body":"firstly is we don't want users to have to"},{"speaker":"Zach Herbert","startTime":2637.081,"endTime":2639.057,"body":"write down their seeds when they're"},{"speaker":"Zach Herbert","startTime":2637.081,"endTime":2639.057,"body":"onboarding."},{"speaker":"Zach Herbert","startTime":2639.121,"endTime":2643.625,"body":"Of course you can do that if you want to, but"},{"speaker":"Zach Herbert","startTime":2639.121,"endTime":2643.625,"body":"for new users, we really wanted to make"},{"speaker":"Zach Herbert","startTime":2643.665,"endTime":2646.473,"body":"something where you don't have to write"},{"speaker":"Zach Herbert","startTime":2643.665,"endTime":2646.473,"body":"anything down."},{"speaker":"Zach Herbert","startTime":2646.609,"endTime":2653.049,"body":"So we're shipping prime with NFC key cards to"},{"speaker":"Zach Herbert","startTime":2646.609,"endTime":2653.049,"body":"back up."},{"speaker":"Zach Herbert","startTime":2653.137,"endTime":2658.433,"body":"We're shmeering the seed in a two of three,"},{"speaker":"Zach Herbert","startTime":2653.137,"endTime":2658.433,"body":"you tap two of the key cards to the device,"},{"speaker":"Zach Herbert","startTime":2658.489,"endTime":2662.931,"body":"you just tap it right to the back of Passport"},{"speaker":"Zach Herbert","startTime":2658.489,"endTime":2662.931,"body":"prime and it writes two of the shamir shares"},{"speaker":"Zach Herbert","startTime":2662.963,"endTime":2663.971,"body":"to the cards."},{"speaker":"Zach Herbert","startTime":2664.163,"endTime":2669.419,"body":"And then if you opt into our backup service,"},{"speaker":"Zach Herbert","startTime":2664.163,"endTime":2669.419,"body":"which is called Magic Backups, the third share"},{"speaker":"Zach Herbert","startTime":2669.547,"endTime":2672.699,"body":"goes into the Envoy app and is stored in"},{"speaker":"Zach Herbert","startTime":2669.547,"endTime":2672.699,"body":"Envoy."},{"speaker":"Zach Herbert","startTime":2672.827,"endTime":2679.915,"body":"And Envoy, if you opt into the service, backs"},{"speaker":"Zach Herbert","startTime":2672.827,"endTime":2679.915,"body":"all that data up automatically and puts some"},{"speaker":"Zach Herbert","startTime":2679.955,"endTime":2688.305,"body":"information on icloud keychain or Android's"},{"speaker":"Zach Herbert","startTime":2679.955,"endTime":2688.305,"body":"equivalent, which is all end to end encrypted."},{"speaker":"Zach Herbert","startTime":2688.805,"endTime":2694.797,"body":"So even if you lose one of the key cards or if"},{"speaker":"Zach Herbert","startTime":2688.805,"endTime":2694.797,"body":"you completely lose your phone and somehow you"},{"speaker":"Zach Herbert","startTime":2694.821,"endTime":2698.397,"body":"got locked out, you know, of your icloud"},{"speaker":"Zach Herbert","startTime":2694.821,"endTime":2698.397,"body":"account or something, you know, catastrophic"},{"speaker":"Zach Herbert","startTime":2698.461,"endTime":2701.885,"body":"happen, you only need two of those three"},{"speaker":"Zach Herbert","startTime":2698.461,"endTime":2701.885,"body":"shares to recover."},{"speaker":"Zach Herbert","startTime":2701.965,"endTime":2707.973,"body":"So for most users, that'll be you tap one card"},{"speaker":"Zach Herbert","startTime":2701.965,"endTime":2707.973,"body":"and then it pulls the other share from Envoy,"},{"speaker":"Zach Herbert","startTime":2708.149,"endTime":2713.743,"body":"and then, you know, seed is recombined on"},{"speaker":"Zach Herbert","startTime":2708.149,"endTime":2713.743,"body":"device, you know, seed never leaves, of"},{"speaker":"Zach Herbert","startTime":2713.759,"endTime":2718.431,"body":"course, the device or the key cards and the"},{"speaker":"Zach Herbert","startTime":2713.759,"endTime":2718.431,"body":"seed is restored."},{"speaker":"Zach Herbert","startTime":2718.623,"endTime":2723.767,"body":"So you can even do that without opting into"},{"speaker":"Zach Herbert","startTime":2718.623,"endTime":2723.767,"body":"the service because we actually, because both"},{"speaker":"Zach Herbert","startTime":2723.791,"endTime":2729.767,"body":"of you, Seth and Q and A lobbying for it"},{"speaker":"Zach Herbert","startTime":2723.791,"endTime":2729.767,"body":"internally, we do ship three key cards with"},{"speaker":"Zach Herbert","startTime":2729.791,"endTime":2730.711,"body":"the device."},{"speaker":"Zach Herbert","startTime":2730.903,"endTime":2735.711,"body":"So if you want to be fully sovereign, you can"},{"speaker":"Zach Herbert","startTime":2730.903,"endTime":2735.711,"body":"do a 2 of 3 all to the key cards and you can"},{"speaker":"Zach Herbert","startTime":2735.743,"endTime":2738.035,"body":"store those key cards in different locations."},{"speaker":"Zach Herbert","startTime":2738.365,"endTime":2742.933,"body":"But here's where the fun stuff is, where, as I"},{"speaker":"Zach Herbert","startTime":2738.365,"endTime":2742.933,"body":"mentioned, we want to backup everything."},{"speaker":"Zach Herbert","startTime":2743.069,"endTime":2747.237,"body":"So we do something very similar to what we do"},{"speaker":"Zach Herbert","startTime":2743.069,"endTime":2747.237,"body":"with Magic backups in Envoy today."},{"speaker":"Zach Herbert","startTime":2747.421,"endTime":2754.661,"body":"On device, on Passport prime, we take a fully"},{"speaker":"Zach Herbert","startTime":2747.421,"endTime":2754.661,"body":"encrypted backup and the backup is encrypted"},{"speaker":"Zach Herbert","startTime":2754.733,"endTime":2756.625,"body":"by the seed words."},{"speaker":"Zach Herbert","startTime":2757.165,"endTime":2761.981,"body":"So unless you have the seed, you cannot access"},{"speaker":"Zach Herbert","startTime":2757.165,"endTime":2761.981,"body":"that backup."},{"speaker":"Zach Herbert","startTime":2762.173,"endTime":2768.575,"body":"That backup is sent through Envoy to"},{"speaker":"Zach Herbert","startTime":2762.173,"endTime":2768.575,"body":"Foundation servers where we store it for you."},{"speaker":"Zach Herbert","startTime":2768.615,"endTime":2770.919,"body":"It's like storing an encrypted blob of data."},{"speaker":"Zach Herbert","startTime":2771.087,"endTime":2776.007,"body":"And crucially, there's no username, there's no"},{"speaker":"Zach Herbert","startTime":2771.087,"endTime":2776.007,"body":"email, there's no password."},{"speaker":"Zach Herbert","startTime":2776.111,"endTime":2780.919,"body":"And if you have Tor enabled and Envoy, I mean,"},{"speaker":"Zach Herbert","startTime":2776.111,"endTime":2780.919,"body":"we don't even have access to see your IP"},{"speaker":"Zach Herbert","startTime":2780.967,"endTime":2782.215,"body":"address, we don't log it anyway."},{"speaker":"Zach Herbert","startTime":2782.255,"endTime":2785.195,"body":"But like, we wouldn't even have access to see,"},{"speaker":"Zach Herbert","startTime":2782.255,"endTime":2785.195,"body":"it would just be over Tor."},{"speaker":"Zach Herbert","startTime":2785.615,"endTime":2791.057,"body":"And then the user ID is a hash of the seed,"},{"speaker":"Zach Herbert","startTime":2785.615,"endTime":2791.057,"body":"which is so perfect because we can store a"},{"speaker":"Zach Herbert","startTime":2791.081,"endTime":2793.617,"body":"hash of the seed with the encrypted blob."},{"speaker":"Zach Herbert","startTime":2793.801,"endTime":2796.673,"body":"And then once you tap one of your key cards to"},{"speaker":"Zach Herbert","startTime":2796.689,"endTime":2801.889,"body":"your new Passport prime, when you're going to"},{"speaker":"Zach Herbert","startTime":2796.689,"endTime":2801.889,"body":"recover, it grabs the other share from Envoy,"},{"speaker":"Zach Herbert","startTime":2802.017,"endTime":2807.793,"body":"it recreates the seed on device, it takes a"},{"speaker":"Zach Herbert","startTime":2802.017,"endTime":2807.793,"body":"hash of the seed, sends it to the server and"},{"speaker":"Zach Herbert","startTime":2807.809,"endTime":2810.793,"body":"says, hey, give me my encrypted blob of data"},{"speaker":"Zach Herbert","startTime":2807.809,"endTime":2810.793,"body":"back."},{"speaker":"Zach Herbert","startTime":2810.889,"endTime":2815.033,"body":"And over time you may add other types of 2fa"},{"speaker":"Zach Herbert","startTime":2810.889,"endTime":2815.033,"body":"or maybe you will be able to enable power"},{"speaker":"Zach Herbert","startTime":2815.089,"endTime":2816.089,"body":"users to add a password."},{"speaker":"Zach Herbert","startTime":2816.137,"endTime":2818.089,"body":"We could probably beef up that, you know,"},{"speaker":"Zach Herbert","startTime":2818.137,"endTime":2819.325,"body":"protection even more."},{"speaker":"Zach Herbert","startTime":2819.705,"endTime":2823.961,"body":"But then the server sends back down that"},{"speaker":"Zach Herbert","startTime":2819.705,"endTime":2823.961,"body":"encrypted blob to the device where it is"},{"speaker":"Zach Herbert","startTime":2823.993,"endTime":2825.497,"body":"decrypted locally."},{"speaker":"Zach Herbert","startTime":2825.641,"endTime":2827.777,"body":"And this is so cool and so different from"},{"speaker":"Zach Herbert","startTime":2827.801,"endTime":2832.017,"body":"Ledger Recover because like Ledger Recover,"},{"speaker":"Zach Herbert","startTime":2827.801,"endTime":2832.017,"body":"everyone freaked out, rightfully so, because"},{"speaker":"Zach Herbert","startTime":2832.041,"endTime":2837.225,"body":"the seed those Shamir shares literally leave"},{"speaker":"Zach Herbert","startTime":2832.041,"endTime":2837.225,"body":"the device and go onto the Internet through"},{"speaker":"Zach Herbert","startTime":2837.265,"endTime":2839.713,"body":"Ledger Live where the app could just grab"},{"speaker":"Zach Herbert","startTime":2837.265,"endTime":2839.713,"body":"them."},{"speaker":"Zach Herbert","startTime":2839.809,"endTime":2841.905,"body":"There's like no password protection or"},{"speaker":"Zach Herbert","startTime":2839.809,"endTime":2841.905,"body":"anything."},{"speaker":"Zach Herbert","startTime":2841.945,"endTime":2845.321,"body":"And I know you dug into that a lot trying to"},{"speaker":"Zach Herbert","startTime":2841.945,"endTime":2845.321,"body":"say like, is this really how it works?"},{"speaker":"Zach Herbert","startTime":2845.433,"endTime":2849.225,"body":"And the answer unfortunately is yes, it's"},{"speaker":"Zach Herbert","startTime":2845.433,"endTime":2849.225,"body":"really how it works."},{"speaker":"Zach Herbert","startTime":2849.345,"endTime":2851.001,"body":"And then it's just stored with custodians."},{"speaker":"Zach Herbert","startTime":2851.073,"endTime":2852.993,"body":"So like the seed is literally leaving the"},{"speaker":"Zach Herbert","startTime":2853.009,"endTime":2858.457,"body":"device and being split up and going to"},{"speaker":"Zach Herbert","startTime":2853.009,"endTime":2858.457,"body":"custodians with magic backups."},{"speaker":"Zach Herbert","startTime":2858.641,"endTime":2865.081,"body":"It's not, it's not leaving your Envoy app and"},{"speaker":"Zach Herbert","startTime":2858.641,"endTime":2865.081,"body":"it's not leaving the physical NFC key cards"},{"speaker":"Zach Herbert","startTime":2865.113,"endTime":2866.449,"body":"that you have in your possession."},{"speaker":"Zach Herbert","startTime":2866.577,"endTime":2869.649,"body":"So we're just doing you a service by storing"},{"speaker":"Zach Herbert","startTime":2866.577,"endTime":2869.649,"body":"the encrypted blob of data."},{"speaker":"Zach Herbert","startTime":2869.737,"endTime":2873.513,"body":"So it really is like icloud recovery, but for"},{"speaker":"Zach Herbert","startTime":2869.737,"endTime":2873.513,"body":"Passport Prime."},{"speaker":"Zach Herbert","startTime":2873.689,"endTime":2877.081,"body":"And that means that if you lose it, you"},{"speaker":"Zach Herbert","startTime":2873.689,"endTime":2877.081,"body":"literally tap one card and everything comes"},{"speaker":"Zach Herbert","startTime":2877.113,"endTime":2879.925,"body":"back onto it automatically exactly like how"},{"speaker":"Zach Herbert","startTime":2877.113,"endTime":2879.925,"body":"you had it."},{"speaker":"Zach Herbert","startTime":2880.665,"endTime":2887.649,"body":"And so it's a pretty huge feature we are going"},{"speaker":"Zach Herbert","startTime":2880.665,"endTime":2887.649,"body":"to be incorporating into an optional service."},{"speaker":"Zach Herbert","startTime":2887.737,"endTime":2892.833,"body":"Like I mentioned, the service is called Envoy"},{"speaker":"Zach Herbert","startTime":2887.737,"endTime":2892.833,"body":"plus we're going to continue to beef it up"},{"speaker":"Zach Herbert","startTime":2892.889,"endTime":2895.045,"body":"with other really cool services."},{"speaker":"Zach Herbert","startTime":2895.545,"endTime":2898.171,"body":"It is going to be $5 a month for that."},{"speaker":"Zach Herbert","startTime":2898.323,"endTime":2900.091,"body":"We don't plan on raising the price or"},{"speaker":"Zach Herbert","startTime":2900.123,"endTime":2900.775,"body":"anything."},{"speaker":"Zach Herbert","startTime":2901.155,"endTime":2904.531,"body":"We want to just continue to add features and"},{"speaker":"Zach Herbert","startTime":2901.155,"endTime":2904.531,"body":"make that more valuable."},{"speaker":"Zach Herbert","startTime":2904.683,"endTime":2908.855,"body":"But every person who buys a Passport prime"},{"speaker":"Zach Herbert","startTime":2904.683,"endTime":2908.855,"body":"will get a free six month trial."},{"speaker":"Zach Herbert","startTime":2909.355,"endTime":2912.355,"body":"Firstly, because we think it's so great, we"},{"speaker":"Zach Herbert","startTime":2909.355,"endTime":2912.355,"body":"want everyone to use it."},{"speaker":"Zach Herbert","startTime":2912.475,"endTime":2915.851,"body":"Secondly, because we actually have to spend"},{"speaker":"Zach Herbert","startTime":2912.475,"endTime":2915.851,"body":"some time building out the payment"},{"speaker":"Zach Herbert","startTime":2916.043,"endTime":2921.155,"body":"infrastructure for that, especially from a"},{"speaker":"Zach Herbert","startTime":2916.043,"endTime":2921.155,"body":"privacy perspective, because we don't want to"},{"speaker":"Zach Herbert","startTime":2921.195,"endTime":2926.729,"body":"be able to associate a payment with an account"},{"speaker":"Zach Herbert","startTime":2921.195,"endTime":2926.729,"body":"or with a backup."},{"speaker":"Zach Herbert","startTime":2926.897,"endTime":2932.953,"body":"And so I think there's some really cool"},{"speaker":"Zach Herbert","startTime":2926.897,"endTime":2932.953,"body":"potentially ZKP stuff we can do where we kind"},{"speaker":"Zach Herbert","startTime":2932.969,"endTime":2942.265,"body":"of break the link between the backup ID like"},{"speaker":"Zach Herbert","startTime":2932.969,"endTime":2942.265,"body":"the seed hash and the pay the transaction that"},{"speaker":"Zach Herbert","startTime":2942.305,"endTime":2951.965,"body":"paid for it and have some kind of proof that"},{"speaker":"Zach Herbert","startTime":2942.305,"endTime":2951.965,"body":"that user ID or seed Hash has been paid for,"},{"speaker":"Zach Herbert","startTime":2952.265,"endTime":2958.313,"body":"but without being able to correlate it back to"},{"speaker":"Zach Herbert","startTime":2952.265,"endTime":2958.313,"body":"the actual specific user email address,"},{"speaker":"Zach Herbert","startTime":2958.369,"endTime":2959.521,"body":"payment or anything like that."},{"speaker":"Zach Herbert","startTime":2959.633,"endTime":2963.881,"body":"So that's not what we're focused on right now"},{"speaker":"Zach Herbert","startTime":2959.633,"endTime":2963.881,"body":"because we're focused on getting prime out"},{"speaker":"Zach Herbert","startTime":2963.913,"endTime":2964.345,"body":"there."},{"speaker":"Zach Herbert","startTime":2964.465,"endTime":2967.353,"body":"And so once we have the time to do that, it'll"},{"speaker":"Zach Herbert","startTime":2967.409,"endTime":2971.485,"body":"morph into A$5 a month optional paid service."},{"speaker":"Seth For Privacy","startTime":2971.865,"endTime":2975.145,"body":"Yeah, I mean that UI was one"},{"speaker":"Seth For Privacy","startTime":2971.865,"endTime":2975.145,"body":"of the most exciting things for me with prime"},{"speaker":"Seth For Privacy","startTime":2975.185,"endTime":2977.335,"body":"as well, because that's, that's often the"},{"speaker":"Seth For Privacy","startTime":2975.185,"endTime":2977.335,"body":"hardest part."},{"speaker":"Seth For Privacy","startTime":2977.375,"endTime":2981.463,"body":"And that was one of the best features of"},{"speaker":"Seth For Privacy","startTime":2977.375,"endTime":2981.463,"body":"Passport today was the encrypted micro SD"},{"speaker":"Seth For Privacy","startTime":2981.519,"endTime":2982.023,"body":"backups."},{"speaker":"Seth For Privacy","startTime":2982.079,"endTime":2984.983,"body":"Because not only are you getting your seed"},{"speaker":"Seth For Privacy","startTime":2982.079,"endTime":2984.983,"body":"back, but you're actually getting your device"},{"speaker":"Seth For Privacy","startTime":2985.039,"endTime":2989.767,"body":"how it was, which often there's just so much"},{"speaker":"Seth For Privacy","startTime":2985.039,"endTime":2989.767,"body":"customization and that's on current Passport,"},{"speaker":"Seth For Privacy","startTime":2989.831,"endTime":2992.831,"body":"which is quote unquote, just a bitcoin"},{"speaker":"Seth For Privacy","startTime":2989.831,"endTime":2992.831,"body":"hardware wallet."},{"speaker":"Seth For Privacy","startTime":2992.983,"endTime":2998.191,"body":"So think of how much longer it would take you"},{"speaker":"Seth For Privacy","startTime":2992.983,"endTime":2998.191,"body":"to manually reset up all of the things you"},{"speaker":"Seth For Privacy","startTime":2998.223,"endTime":3001.863,"body":"have, your TOTP tokens, which you can't even"},{"speaker":"Seth For Privacy","startTime":2998.223,"endTime":3001.863,"body":"necessarily manually reset up."},{"speaker":"Seth For Privacy","startTime":3001.879,"endTime":3003.447,"body":"It's going to be a nightmare if you lose"},{"speaker":"Seth For Privacy","startTime":3001.879,"endTime":3003.447,"body":"those."},{"speaker":"Seth For Privacy","startTime":3003.511,"endTime":3006.713,"body":"Like there's so, so many advantages to that."},{"speaker":"Seth For Privacy","startTime":3006.809,"endTime":3009.513,"body":"And it's less trusted than iCloud recover as"},{"speaker":"Seth For Privacy","startTime":3009.529,"endTime":3010.041,"body":"well."},{"speaker":"Seth For Privacy","startTime":3010.193,"endTime":3013.521,"body":"It's kind of similar to iCloud with advanced"},{"speaker":"Seth For Privacy","startTime":3013.553,"endTime":3016.433,"body":"data protection, but even better in some ways."},{"speaker":"Seth For Privacy","startTime":3016.489,"endTime":3020.929,"body":"Well, in many ways because it's actually open"},{"speaker":"Seth For Privacy","startTime":3016.489,"endTime":3020.929,"body":"source code on the front end."},{"speaker":"Seth For Privacy","startTime":3020.977,"endTime":3024.633,"body":"So you actually know that it's doing exactly"},{"speaker":"Seth For Privacy","startTime":3020.977,"endTime":3024.633,"body":"what it's supposed to be doing with that added"},{"speaker":"Seth For Privacy","startTime":3024.689,"endTime":3026.505,"body":"protection of the seed is never leaving the"},{"speaker":"Seth For Privacy","startTime":3024.689,"endTime":3026.505,"body":"device."},{"speaker":"Seth For Privacy","startTime":3026.545,"endTime":3031.481,"body":"Like you said, two shards or two shares are"},{"speaker":"Seth For Privacy","startTime":3026.545,"endTime":3031.481,"body":"going onto the cards and only one is ever"},{"speaker":"Seth For Privacy","startTime":3031.513,"endTime":3032.565,"body":"getting sent out."},{"speaker":"Seth For Privacy","startTime":3033.105,"endTime":3035.641,"body":"Yeah, I mean it's, it's really powerful."},{"speaker":"Seth For Privacy","startTime":3035.713,"endTime":3038.017,"body":"And that specifically I think will continue to"},{"speaker":"Seth For Privacy","startTime":3038.041,"endTime":3041.257,"body":"lower that barrier of entry because that's the"},{"speaker":"Seth For Privacy","startTime":3038.041,"endTime":3041.257,"body":"other side that often comes into play here is"},{"speaker":"Seth For Privacy","startTime":3041.281,"endTime":3045.337,"body":"when people are talking, I mean this is like"},{"speaker":"Seth For Privacy","startTime":3041.281,"endTime":3045.337,"body":"the most basic aspect of cryptocurrency"},{"speaker":"Seth For Privacy","startTime":3045.361,"endTime":3049.401,"body":"adoption is that that terrifying feeling of"},{"speaker":"Seth For Privacy","startTime":3045.361,"endTime":3049.401,"body":"like, what happens if I screw up?"},{"speaker":"Seth For Privacy","startTime":3049.513,"endTime":3052.881,"body":"And making that as, as fearless."},{"speaker":"Seth For Privacy","startTime":3052.953,"endTime":3054.561,"body":"It's not the right way to use that word, but"},{"speaker":"Seth For Privacy","startTime":3054.593,"endTime":3055.721,"body":"I'm just going to roll with it."},{"speaker":"Seth For Privacy","startTime":3055.833,"endTime":3059.263,"body":"As like, as little fear inducing as possible"},{"speaker":"Seth For Privacy","startTime":3059.449,"endTime":3063.099,"body":"is vital to people actually using this"},{"speaker":"Seth For Privacy","startTime":3059.449,"endTime":3063.099,"body":"technology and actually feeling like they can"},{"speaker":"Seth For Privacy","startTime":3063.187,"endTime":3067.155,"body":"take personal responsibility because the tools"},{"speaker":"Seth For Privacy","startTime":3063.187,"endTime":3067.155,"body":"actually help them to take personal"},{"speaker":"Seth For Privacy","startTime":3067.235,"endTime":3067.883,"body":"responsibility."},{"speaker":"Seth For Privacy","startTime":3067.979,"endTime":3071.539,"body":"They don't make it harder, they actually help"},{"speaker":"Seth For Privacy","startTime":3067.979,"endTime":3071.539,"body":"them and they actually guide them through that"},{"speaker":"Seth For Privacy","startTime":3071.587,"endTime":3072.131,"body":"process."},{"speaker":"Seth For Privacy","startTime":3072.283,"endTime":3073.499,"body":"I think that's going to be really, really"},{"speaker":"Seth For Privacy","startTime":3073.547,"endTime":3073.963,"body":"fascinating."},{"speaker":"Seth For Privacy","startTime":3074.019,"endTime":3078.083,"body":"I think also on the, how you're going to"},{"speaker":"Seth For Privacy","startTime":3078.099,"endTime":3080.667,"body":"authenticate payments to backup Blobs."},{"speaker":"Seth For Privacy","startTime":3080.811,"endTime":3086.163,"body":"I think it's the exact same problem that I was"},{"speaker":"Seth For Privacy","startTime":3080.811,"endTime":3086.163,"body":"talking with the founder of Kogi Search on the"},{"speaker":"Seth For Privacy","startTime":3086.179,"endTime":3089.291,"body":"last episode of Opt out, where they have the"},{"speaker":"Seth For Privacy","startTime":3086.179,"endTime":3089.291,"body":"same problem where people want to be able to"},{"speaker":"Seth For Privacy","startTime":3089.323,"endTime":3095.015,"body":"pay for search, but they don't want an account"},{"speaker":"Seth For Privacy","startTime":3089.323,"endTime":3095.015,"body":"tied to their specific searches."},{"speaker":"Seth For Privacy","startTime":3095.355,"endTime":3098.259,"body":"And I think they're going to be going the"},{"speaker":"Seth For Privacy","startTime":3095.355,"endTime":3098.259,"body":"blinded credentials route, which is kind of"},{"speaker":"Seth For Privacy","startTime":3098.267,"endTime":3103.339,"body":"the underlying tech of eCash, which would be"},{"speaker":"Seth For Privacy","startTime":3098.267,"endTime":3103.339,"body":"really fascinating if you all could also"},{"speaker":"Seth For Privacy","startTime":3103.387,"endTime":3103.875,"body":"pursue that."},{"speaker":"Seth For Privacy","startTime":3103.915,"endTime":3106.875,"body":"That might be something to connect you all"},{"speaker":"Seth For Privacy","startTime":3103.915,"endTime":3106.875,"body":"about as well, because they're almost done"},{"speaker":"Seth For Privacy","startTime":3106.915,"endTime":3108.203,"body":"with their integration of it."},{"speaker":"Seth For Privacy","startTime":3108.219,"endTime":3109.763,"body":"It'll be out in the next couple of weeks."},{"speaker":"Seth For Privacy","startTime":3109.899,"endTime":3113.573,"body":"And I think you would want exactly the same"},{"speaker":"Seth For Privacy","startTime":3109.899,"endTime":3113.573,"body":"technology for that purpose because all you"},{"speaker":"Seth For Privacy","startTime":3113.589,"endTime":3117.581,"body":"want to do is prove payment and then never"},{"speaker":"Seth For Privacy","startTime":3113.589,"endTime":3117.581,"body":"know anything about what specific activity is"},{"speaker":"Seth For Privacy","startTime":3117.613,"endTime":3119.305,"body":"related to which specific account."},{"speaker":"Seth For Privacy","startTime":3119.965,"endTime":3120.477,"body":"Exactly."},{"speaker":"Seth For Privacy","startTime":3120.541,"endTime":3121.405,"body":"Really cool fit."},{"speaker":"Zach Herbert","startTime":3121.525,"endTime":3122.397,"body":"That sounds amazing."},{"speaker":"Zach Herbert","startTime":3122.461,"endTime":3125.821,"body":"Yeah. And of course, by the way, you'll still"},{"speaker":"Zach Herbert","startTime":3125.853,"endTime":3132.357,"body":"be able to back up Passport prime to a USB"},{"speaker":"Zach Herbert","startTime":3125.853,"endTime":3132.357,"body":"flash drive or, you know, an SD card with an"},{"speaker":"Zach Herbert","startTime":3132.381,"endTime":3132.781,"body":"adapter."},{"speaker":"Zach Herbert","startTime":3132.853,"endTime":3137.589,"body":"Passport prime, you know, is a little"},{"speaker":"Zach Herbert","startTime":3132.853,"endTime":3137.589,"body":"different because it has a USB C port for data"},{"speaker":"Zach Herbert","startTime":3137.677,"endTime":3138.865,"body":"as well as power."},{"speaker":"Zach Herbert","startTime":3139.355,"endTime":3143.251,"body":"You know, the current passport gen 2 only has"},{"speaker":"Zach Herbert","startTime":3139.355,"endTime":3143.251,"body":"it for power."},{"speaker":"Zach Herbert","startTime":3143.443,"endTime":3146.419,"body":"And so you'll be able to, you know, be fully"},{"speaker":"Zach Herbert","startTime":3143.443,"endTime":3146.419,"body":"sovereign."},{"speaker":"Zach Herbert","startTime":3146.467,"endTime":3150.827,"body":"And if you don't want to rely on any service,"},{"speaker":"Zach Herbert","startTime":3146.467,"endTime":3150.827,"body":"you can, you know, tap the three cards and you"},{"speaker":"Zach Herbert","startTime":3150.851,"endTime":3153.395,"body":"can take a periodic backup to your, to a flash"},{"speaker":"Zach Herbert","startTime":3150.851,"endTime":3153.395,"body":"drive."},{"speaker":"Zach Herbert","startTime":3153.435,"endTime":3158.211,"body":"So at least you know, you have that and you"},{"speaker":"Zach Herbert","startTime":3153.435,"endTime":3158.211,"body":"can save that back up and it's fully encrypted"},{"speaker":"Zach Herbert","startTime":3158.243,"endTime":3158.883,"body":"by the cards."},{"speaker":"Zach Herbert","startTime":3158.939,"endTime":3160.923,"body":"And, you know, you can manage that yourself if"},{"speaker":"Zach Herbert","startTime":3160.939,"endTime":3164.049,"body":"you're more of a power user, more of an ultra"},{"speaker":"Zach Herbert","startTime":3160.939,"endTime":3164.049,"body":"early adopter."},{"speaker":"Zach Herbert","startTime":3164.227,"endTime":3167.453,"body":"There's a lot of people like that, of course,"},{"speaker":"Zach Herbert","startTime":3164.227,"endTime":3167.453,"body":"that, you know, some may even just want to"},{"speaker":"Zach Herbert","startTime":3167.469,"endTime":3170.741,"body":"write down the seed words and not even use the"},{"speaker":"Zach Herbert","startTime":3167.469,"endTime":3170.741,"body":"cards and then still do the backups."},{"speaker":"Zach Herbert","startTime":3170.773,"endTime":3172.317,"body":"And so you'll be able to do that."},{"speaker":"Zach Herbert","startTime":3172.501,"endTime":3175.925,"body":"But another huge win here is like, we can help"},{"speaker":"Zach Herbert","startTime":3175.965,"endTime":3178.461,"body":"people set up a device in person with this."},{"speaker":"Zach Herbert","startTime":3178.573,"endTime":3180.797,"body":"And this is such a, such a pain right now with"},{"speaker":"Zach Herbert","startTime":3180.821,"endTime":3184.165,"body":"most hardware wallets where you say, okay,"},{"speaker":"Zach Herbert","startTime":3180.821,"endTime":3184.165,"body":"you're going to go set up a hardware wallet,"},{"speaker":"Zach Herbert","startTime":3184.245,"endTime":3188.965,"body":"you better go somewhere private, you better"},{"speaker":"Zach Herbert","startTime":3184.245,"endTime":3188.965,"body":"make sure that there's no cameras or anything"},{"speaker":"Zach Herbert","startTime":3189.005,"endTime":3189.643,"body":"like that."},{"speaker":"Zach Herbert","startTime":3189.789,"endTime":3193.607,"body":"Or even if you're setting up like Passport"},{"speaker":"Zach Herbert","startTime":3189.789,"endTime":3193.607,"body":"with SD backups, they're still having to pull"},{"speaker":"Zach Herbert","startTime":3193.631,"endTime":3198.983,"body":"out a pen, you know, write down the backup"},{"speaker":"Zach Herbert","startTime":3193.631,"endTime":3198.983,"body":"code on, on a card, like as a card is in like"},{"speaker":"Zach Herbert","startTime":3198.999,"endTime":3199.695,"body":"a piece of paper."},{"speaker":"Zach Herbert","startTime":3199.775,"endTime":3201.075,"body":"Right. Let me give them."},{"speaker":"Zach Herbert","startTime":3201.375,"endTime":3204.359,"body":"And that is kind of high friction and it isn't"},{"speaker":"Zach Herbert","startTime":3204.407,"endTime":3205.271,"body":"an instant thing."},{"speaker":"Zach Herbert","startTime":3205.303,"endTime":3207.471,"body":"It does take a little bit of time to do."},{"speaker":"Zach Herbert","startTime":3207.623,"endTime":3213.255,"body":"So the fact that we're giving all the NFC"},{"speaker":"Zach Herbert","startTime":3207.623,"endTime":3213.255,"body":"cards you need in the box and it's all"},{"speaker":"Zach Herbert","startTime":3213.295,"endTime":3218.103,"body":"included and if we were to help someone, let's"},{"speaker":"Zach Herbert","startTime":3213.295,"endTime":3218.103,"body":"say at Pub Key or an in person event or even a"},{"speaker":"Zach Herbert","startTime":3218.159,"endTime":3222.551,"body":"conference or maybe one day in retail stores,"},{"speaker":"Zach Herbert","startTime":3218.159,"endTime":3222.551,"body":"right, if we want to help them set up Passport"},{"speaker":"Zach Herbert","startTime":3222.623,"endTime":3226.679,"body":"prime, it's just like, okay, take your, take"},{"speaker":"Zach Herbert","startTime":3222.623,"endTime":3226.679,"body":"the two NFC cards, tap, tap."},{"speaker":"Zach Herbert","startTime":3226.727,"endTime":3230.423,"body":"Okay, you're done, right?"},{"speaker":"Zach Herbert","startTime":3226.727,"endTime":3230.423,"body":"You've, you've, you download Envoy, you scan a"},{"speaker":"Zach Herbert","startTime":3230.439,"endTime":3235.111,"body":"QR code on the device, you tap two key cards"},{"speaker":"Zach Herbert","startTime":3230.439,"endTime":3235.111,"body":"and it's done."},{"speaker":"Zach Herbert","startTime":3235.263,"endTime":3240.151,"body":"And then the key cards also come in Faraday"},{"speaker":"Zach Herbert","startTime":3235.263,"endTime":3240.151,"body":"sleeves with a little, you can write a little"},{"speaker":"Zach Herbert","startTime":3240.183,"endTime":3244.391,"body":"label on the back as well so you don't have to"},{"speaker":"Zach Herbert","startTime":3240.183,"endTime":3244.391,"body":"worry if the person puts that, that in their"},{"speaker":"Zach Herbert","startTime":3244.423,"endTime":3246.781,"body":"pocket or back the box and takes it home with"},{"speaker":"Zach Herbert","startTime":3244.423,"endTime":3246.781,"body":"them."},{"speaker":"Zach Herbert","startTime":3246.893,"endTime":3250.461,"body":"You're not going to have anyone that could,"},{"speaker":"Zach Herbert","startTime":3246.893,"endTime":3250.461,"body":"you know, have some special, you know, giant"},{"speaker":"Zach Herbert","startTime":3250.493,"endTime":3256.933,"body":"NFC antenna and scan the contents of the"},{"speaker":"Zach Herbert","startTime":3250.493,"endTime":3256.933,"body":"cards, which is, you know, amazing and you're"},{"speaker":"Zach Herbert","startTime":3256.949,"endTime":3257.869,"body":"just good to go."},{"speaker":"Zach Herbert","startTime":3257.997,"endTime":3263.357,"body":"And I think that's going to be extremely"},{"speaker":"Zach Herbert","startTime":3257.997,"endTime":3263.357,"body":"different from everyone else."},{"speaker":"Zach Herbert","startTime":3263.541,"endTime":3267.981,"body":"And it's really going to help lower the"},{"speaker":"Zach Herbert","startTime":3263.541,"endTime":3267.981,"body":"barriers to entry for, for a brand new user"},{"speaker":"Zach Herbert","startTime":3268.013,"endTime":3272.253,"body":"that is intimidated by the idea of writing"},{"speaker":"Zach Herbert","startTime":3268.013,"endTime":3272.253,"body":"down these seed words, not knowing where to"},{"speaker":"Zach Herbert","startTime":3272.269,"endTime":3274.301,"body":"put them and that kind of thing."},{"speaker":"Zach Herbert","startTime":3274.333,"endTime":3277.877,"body":"And I think it's going to help us a lot from a"},{"speaker":"Zach Herbert","startTime":3274.333,"endTime":3277.877,"body":"customer service and support perspective as"},{"speaker":"Zach Herbert","startTime":3277.901,"endTime":3278.493,"body":"well."},{"speaker":"Zach Herbert","startTime":3278.669,"endTime":3281.101,"body":"And I just want to emphasize too, like our"},{"speaker":"Zach Herbert","startTime":3281.133,"endTime":3288.381,"body":"whole, one of our main product, I guess brand"},{"speaker":"Zach Herbert","startTime":3281.133,"endTime":3288.381,"body":"values is including everything you need in the"},{"speaker":"Zach Herbert","startTime":3288.413,"endTime":3289.025,"body":"box."},{"speaker":"Zach Herbert","startTime":3289.365,"endTime":3292.933,"body":"There's a lot of, there's, there's other"},{"speaker":"Zach Herbert","startTime":3289.365,"endTime":3292.933,"body":"companies in the space that will not even give"},{"speaker":"Zach Herbert","startTime":3292.949,"endTime":3298.513,"body":"you the batteries you need, not even give you"},{"speaker":"Zach Herbert","startTime":3292.949,"endTime":3298.513,"body":"a USB C cable, not give you the SD card."},{"speaker":"Zach Herbert","startTime":3298.669,"endTime":3303.081,"body":"And so you end up spending 50 bucks or more on"},{"speaker":"Zach Herbert","startTime":3298.669,"endTime":3303.081,"body":"these, you know, things that should have just"},{"speaker":"Zach Herbert","startTime":3303.113,"endTime":3305.005,"body":"been included with the purchase."},{"speaker":"Zach Herbert","startTime":3305.385,"endTime":3308.961,"body":"And you know, the fact that you just get this"},{"speaker":"Zach Herbert","startTime":3305.385,"endTime":3308.961,"body":"thing, packaging is gorgeous."},{"speaker":"Zach Herbert","startTime":3309.033,"endTime":3311.913,"body":"Kind of looks like almost Apple style"},{"speaker":"Zach Herbert","startTime":3309.033,"endTime":3311.913,"body":"packaging."},{"speaker":"Zach Herbert","startTime":3312.049,"endTime":3314.081,"body":"You take it out, it's all there, tap, tap."},{"speaker":"Zach Herbert","startTime":3314.113,"endTime":3315.049,"body":"You're all set up."},{"speaker":"Zach Herbert","startTime":3315.137,"endTime":3316.817,"body":"And you could just focus now on learning how"},{"speaker":"Zach Herbert","startTime":3316.841,"endTime":3322.249,"body":"to use it and learning how to secure your"},{"speaker":"Zach Herbert","startTime":3316.841,"endTime":3322.249,"body":"entire digital life, which should be the"},{"speaker":"Zach Herbert","startTime":3322.297,"endTime":3322.737,"body":"focus, right?"},{"speaker":"Zach Herbert","startTime":3322.761,"endTime":3327.221,"body":"It should be about taking those steps to"},{"speaker":"Zach Herbert","startTime":3322.761,"endTime":3327.221,"body":"better security and sovereignty, not trying to"},{"speaker":"Zach Herbert","startTime":3327.253,"endTime":3331.501,"body":"spend, you know, a hundred hours figuring out"},{"speaker":"Zach Herbert","startTime":3327.253,"endTime":3331.501,"body":"how to set up backup and use your hardware"},{"speaker":"Zach Herbert","startTime":3331.533,"endTime":3332.145,"body":"wallet."},{"speaker":"Seth For Privacy","startTime":3332.605,"endTime":3335.093,"body":"But who's going to, who's"},{"speaker":"Seth For Privacy","startTime":3332.605,"endTime":3335.093,"body":"going to be able to make the tutorials for"},{"speaker":"Seth For Privacy","startTime":3335.109,"endTime":3336.821,"body":"this It'll be, it'll be too easy."},{"speaker":"Seth For Privacy","startTime":3336.893,"endTime":3338.445,"body":"We're going to get, I'm going to, I'm going to"},{"speaker":"Seth For Privacy","startTime":3338.445,"endTime":3340.573,"body":"be out of an education job here."},{"speaker":"Seth For Privacy","startTime":3340.669,"endTime":3344.021,"body":"If there's, if there's no complicated setup"},{"speaker":"Seth For Privacy","startTime":3340.669,"endTime":3344.021,"body":"process."},{"speaker":"Seth For Privacy","startTime":3344.093,"endTime":3345.573,"body":"It's a, it's a good problem to have though."},{"speaker":"Zach Herbert","startTime":3345.669,"endTime":3349.277,"body":"Well, it's also great because"},{"speaker":"Zach Herbert","startTime":3345.669,"endTime":3349.277,"body":"another, another great example as well is"},{"speaker":"Zach Herbert","startTime":3349.301,"endTime":3351.045,"body":"there's no way to back up Yubikeys right now."},{"speaker":"Zach Herbert","startTime":3351.085,"endTime":3353.553,"body":"They're like disposable and so you, you lose a"},{"speaker":"Zach Herbert","startTime":3353.569,"endTime":3354.265,"body":"Yuba."},{"speaker":"Zach Herbert","startTime":3354.425,"endTime":3357.041,"body":"That's why most services will require two"},{"speaker":"Zach Herbert","startTime":3357.073,"endTime":3360.545,"body":"yubikeys or they'll say, you know, if you lose"},{"speaker":"Zach Herbert","startTime":3357.073,"endTime":3360.545,"body":"this you're out of luck."},{"speaker":"Zach Herbert","startTime":3360.665,"endTime":3362.553,"body":"You can't, you can't back it up in any way."},{"speaker":"Zach Herbert","startTime":3362.649,"endTime":3364.725,"body":"You have to buy two from Yubico."},{"speaker":"Zach Herbert","startTime":3365.105,"endTime":3366.433,"body":"It would be so much better to."},{"speaker":"Zach Herbert","startTime":3366.449,"endTime":3368.785,"body":"Just a great tutorial example that I'm sure"},{"speaker":"Zach Herbert","startTime":3368.825,"endTime":3373.201,"body":"we'll do or someone will do is how to lock"},{"speaker":"Zach Herbert","startTime":3368.825,"endTime":3373.201,"body":"down your iCloud account with passport Prime."},{"speaker":"Zach Herbert","startTime":3373.353,"endTime":3377.633,"body":"You don't need to now go buy two Yubikeys and"},{"speaker":"Zach Herbert","startTime":3373.353,"endTime":3377.633,"body":"learn about them and learn how to use them and"},{"speaker":"Zach Herbert","startTime":3377.649,"endTime":3379.005,"body":"set them up and all that."},{"speaker":"Zach Herbert","startTime":3379.445,"endTime":3380.749,"body":"You'll just be able to."},{"speaker":"Zach Herbert","startTime":3380.877,"endTime":3383.269,"body":"Yeah, we'll probably have a five minute video"},{"speaker":"Zach Herbert","startTime":3383.317,"endTime":3384.261,"body":"or something like that."},{"speaker":"Zach Herbert","startTime":3384.333,"endTime":3386.477,"body":"And now all of a sudden you've enabled the end"},{"speaker":"Zach Herbert","startTime":3386.501,"endTime":3393.085,"body":"to end encrypted storage for iCloud and you've"},{"speaker":"Zach Herbert","startTime":3386.501,"endTime":3393.085,"body":"made someone massively more secure and"},{"speaker":"Zach Herbert","startTime":3393.125,"endTime":3396.237,"body":"sovereign without having to go buy new"},{"speaker":"Zach Herbert","startTime":3393.125,"endTime":3396.237,"body":"devices."},{"speaker":"Zach Herbert","startTime":3396.381,"endTime":3398.277,"body":"And I hope we can do that for everything,"},{"speaker":"Zach Herbert","startTime":3396.381,"endTime":3398.277,"body":"right?"},{"speaker":"Zach Herbert","startTime":3398.341,"endTime":3400.533,"body":"Password managers, different keys."},{"speaker":"Zach Herbert","startTime":3400.589,"endTime":3402.389,"body":"I'm sure we'll add support for more and more"},{"speaker":"Zach Herbert","startTime":3402.437,"endTime":3403.509,"body":"things over time."},{"speaker":"Zach Herbert","startTime":3403.637,"endTime":3406.315,"body":"I mean I would love to be able to even log"},{"speaker":"Zach Herbert","startTime":3406.355,"endTime":3409.067,"body":"into my computers without a password."},{"speaker":"Zach Herbert","startTime":3409.131,"endTime":3413.915,"body":"I would love to be able to just, you know, tap"},{"speaker":"Zach Herbert","startTime":3409.131,"endTime":3413.915,"body":"on the screen or even have Passport prime"},{"speaker":"Zach Herbert","startTime":3413.955,"endTime":3417.019,"body":"maybe near me and maybe do some of this"},{"speaker":"Zach Herbert","startTime":3413.955,"endTime":3417.019,"body":"automatically."},{"speaker":"Zach Herbert","startTime":3417.147,"endTime":3422.243,"body":"You know, all the different operating systems"},{"speaker":"Zach Herbert","startTime":3417.147,"endTime":3422.243,"body":"offer like enterprise style login capabilities"},{"speaker":"Zach Herbert","startTime":3422.419,"endTime":3426.735,"body":"that corporations use to bypass the"},{"speaker":"Zach Herbert","startTime":3422.419,"endTime":3426.735,"body":"traditional login screen."},{"speaker":"Zach Herbert","startTime":3427.115,"endTime":3431.491,"body":"Do things over like, you know, network"},{"speaker":"Zach Herbert","startTime":3427.115,"endTime":3431.491,"body":"authentication, which I'm sure you know a lot"},{"speaker":"Zach Herbert","startTime":3431.523,"endTime":3432.095,"body":"about."},{"speaker":"Zach Herbert","startTime":3432.425,"endTime":3436.737,"body":"And we could probably use those same things in"},{"speaker":"Zach Herbert","startTime":3432.425,"endTime":3436.737,"body":"the different mainstream operating systems and"},{"speaker":"Zach Herbert","startTime":3436.761,"endTime":3439.113,"body":"do like an Envoy desktop app that would enable"},{"speaker":"Zach Herbert","startTime":3436.761,"endTime":3439.113,"body":"that."},{"speaker":"Zach Herbert","startTime":3439.169,"endTime":3440.793,"body":"So really exciting."},{"speaker":"Zach Herbert","startTime":3440.969,"endTime":3443.641,"body":"Huge amount of potential things we can think"},{"speaker":"Zach Herbert","startTime":3443.673,"endTime":3448.145,"body":"of and hopefully we will not have to do too"},{"speaker":"Zach Herbert","startTime":3443.673,"endTime":3448.145,"body":"much of it ourselves and we'll be able to rely"},{"speaker":"Zach Herbert","startTime":3448.185,"endTime":3452.005,"body":"on third party developers to come in and just"},{"speaker":"Zach Herbert","startTime":3448.185,"endTime":3452.005,"body":"bring all their best ideas."},{"speaker":"Seth For Privacy","startTime":3452.545,"endTime":3453.569,"body":"Absolutely."},{"speaker":"Seth For Privacy","startTime":3453.737,"endTime":3455.977,"body":"Now onto the hard part."},{"speaker":"Seth For Privacy","startTime":3456.041,"endTime":3458.099,"body":"Prime isn't quite ready yet."},{"speaker":"Seth For Privacy","startTime":3458.257,"endTime":3460.815,"body":"I know we're getting close and it's announced"},{"speaker":"Seth For Privacy","startTime":3460.895,"endTime":3462.975,"body":"today, so it's public."},{"speaker":"Seth For Privacy","startTime":3463.015,"endTime":3464.511,"body":"You Go learn more about it."},{"speaker":"Seth For Privacy","startTime":3464.663,"endTime":3466.367,"body":"But it's not for sale today."},{"speaker":"Seth For Privacy","startTime":3466.431,"endTime":3470.383,"body":"So maybe just break down a little bit of"},{"speaker":"Seth For Privacy","startTime":3466.431,"endTime":3470.383,"body":"what's the current status of prime and how can"},{"speaker":"Seth For Privacy","startTime":3470.399,"endTime":3473.583,"body":"people get involved now before the full launch"},{"speaker":"Seth For Privacy","startTime":3470.399,"endTime":3473.583,"body":"later on?"},{"speaker":"Zach Herbert","startTime":3473.719,"endTime":3479.635,"body":"Yes. So we're announcing"},{"speaker":"Zach Herbert","startTime":3473.719,"endTime":3479.635,"body":"Passport prime today and there's two ways to"},{"speaker":"Zach Herbert","startTime":3479.935,"endTime":3482.515,"body":"take action to get your hands on it."},{"speaker":"Zach Herbert","startTime":3482.895,"endTime":3489.773,"body":"One is to join our early access program where"},{"speaker":"Zach Herbert","startTime":3482.895,"endTime":3489.773,"body":"we're selling a thousand units similar to how"},{"speaker":"Zach Herbert","startTime":3489.789,"endTime":3492.465,"body":"we did a thousand for the initial Passport"},{"speaker":"Zach Herbert","startTime":3489.789,"endTime":3492.465,"body":"Founders Edition."},{"speaker":"Zach Herbert","startTime":3492.845,"endTime":3498.749,"body":"And it's going to ship before everyone else's"},{"speaker":"Zach Herbert","startTime":3492.845,"endTime":3498.749,"body":"and it's going to have probably the first beta"},{"speaker":"Zach Herbert","startTime":3498.797,"endTime":3500.669,"body":"releases of Kios."},{"speaker":"Zach Herbert","startTime":3500.837,"endTime":3504.533,"body":"So if you're interested in doing that, it's"},{"speaker":"Zach Herbert","startTime":3504.549,"endTime":3508.781,"body":"$299, which is going to be the price of the"},{"speaker":"Zach Herbert","startTime":3504.549,"endTime":3508.781,"body":"product at retail."},{"speaker":"Zach Herbert","startTime":3508.893,"endTime":3510.437,"body":"So it's a full pre order."},{"speaker":"Zach Herbert","startTime":3510.621,"endTime":3512.557,"body":"But you're going to get some extra things with"},{"speaker":"Zach Herbert","startTime":3512.581,"endTime":3516.883,"body":"that in exchange for helping us out a little"},{"speaker":"Zach Herbert","startTime":3512.581,"endTime":3516.883,"body":"bit as getting, you know, the first firmware,"},{"speaker":"Zach Herbert","startTime":3516.939,"endTime":3518.027,"body":"the first hardware."},{"speaker":"Zach Herbert","startTime":3518.171,"endTime":3522.227,"body":"One is you'll get a free case, like a free"},{"speaker":"Zach Herbert","startTime":3518.171,"endTime":3522.227,"body":"bumper case, like a rubber, you know, thin"},{"speaker":"Zach Herbert","startTime":3522.251,"endTime":3523.507,"body":"rubber case for it."},{"speaker":"Zach Herbert","startTime":3523.691,"endTime":3525.739,"body":"Two is we're going to give you a free lifetime"},{"speaker":"Zach Herbert","startTime":3525.787,"endTime":3527.251,"body":"membership to Envoy Plus."},{"speaker":"Zach Herbert","startTime":3527.283,"endTime":3528.435,"body":"This is the subscription."},{"speaker":"Zach Herbert","startTime":3528.515,"endTime":3531.083,"body":"So that's awesome because we're going to add"},{"speaker":"Zach Herbert","startTime":3531.099,"endTime":3535.843,"body":"more features to Envoy plus as one of the"},{"speaker":"Zach Herbert","startTime":3531.099,"endTime":3535.843,"body":"members of the early access program, you're"},{"speaker":"Zach Herbert","startTime":3535.859,"endTime":3542.167,"body":"just going to get that lifetime subscription"},{"speaker":"Zach Herbert","startTime":3535.859,"endTime":3542.167,"body":"and then we're also going to double the"},{"speaker":"Zach Herbert","startTime":3542.191,"endTime":3542.875,"body":"warranty."},{"speaker":"Zach Herbert","startTime":3543.175,"endTime":3545.595,"body":"And so it's going to be a two year hardware"},{"speaker":"Zach Herbert","startTime":3543.175,"endTime":3545.595,"body":"warranty."},{"speaker":"Zach Herbert","startTime":3546.055,"endTime":3551.119,"body":"And if anything goes wrong with the device,"},{"speaker":"Zach Herbert","startTime":3546.055,"endTime":3551.119,"body":"you know, in terms of like a factory defect or"},{"speaker":"Zach Herbert","startTime":3551.247,"endTime":3555.275,"body":"you know, anything, not of course accidental"},{"speaker":"Zach Herbert","startTime":3551.247,"endTime":3555.275,"body":"damage if you throw the thing out the window,"},{"speaker":"Zach Herbert","startTime":3555.615,"endTime":3561.343,"body":"but anything that just stops working will"},{"speaker":"Zach Herbert","startTime":3555.615,"endTime":3561.343,"body":"replace that device for you, you know, free of"},{"speaker":"Zach Herbert","startTime":3561.359,"endTime":3561.995,"body":"charge."},{"speaker":"Zach Herbert","startTime":3562.295,"endTime":3563.847,"body":"And so that's the early access program."},{"speaker":"Zach Herbert","startTime":3563.911,"endTime":3565.751,"body":"I expect those will sell out pretty fast"},{"speaker":"Zach Herbert","startTime":3565.823,"endTime":3572.187,"body":"because between our existing customer base of"},{"speaker":"Zach Herbert","startTime":3565.823,"endTime":3572.187,"body":"everyone who owns Passports, then also, you"},{"speaker":"Zach Herbert","startTime":3572.211,"endTime":3577.179,"body":"know, just the general space and then of"},{"speaker":"Zach Herbert","startTime":3572.211,"endTime":3577.179,"body":"course the cake ecosystem, a lot of ultra"},{"speaker":"Zach Herbert","startTime":3577.227,"endTime":3580.163,"body":"early adopters there that want to get their"},{"speaker":"Zach Herbert","startTime":3577.227,"endTime":3580.163,"body":"hands on this stuff first."},{"speaker":"Zach Herbert","startTime":3580.339,"endTime":3581.971,"body":"I think it's going to go pretty fast."},{"speaker":"Zach Herbert","startTime":3582.123,"endTime":3584.323,"body":"Then if you want, you could instead if you"},{"speaker":"Zach Herbert","startTime":3584.339,"endTime":3588.483,"body":"want to wait for, you know, the general"},{"speaker":"Zach Herbert","startTime":3584.339,"endTime":3588.483,"body":"availability, but you want to get in line, you"},{"speaker":"Zach Herbert","startTime":3588.499,"endTime":3589.315,"body":"want to get that first."},{"speaker":"Zach Herbert","startTime":3589.355,"endTime":3594.043,"body":"When we start shipping, we're going to have a"},{"speaker":"Zach Herbert","startTime":3589.355,"endTime":3594.043,"body":"reservation you can also place online today."},{"speaker":"Zach Herbert","startTime":3594.099,"endTime":3597.885,"body":"So just a $49 reservation, it'll hold your"},{"speaker":"Zach Herbert","startTime":3594.099,"endTime":3597.885,"body":"spot in line."},{"speaker":"Zach Herbert","startTime":3598.005,"endTime":3600.665,"body":"Of course, it's fully refundable."},{"speaker":"Zach Herbert","startTime":3601.405,"endTime":3607.773,"body":"So in terms of where Passport prime is, kios"},{"speaker":"Zach Herbert","startTime":3601.405,"endTime":3607.773,"body":"is I would almost say like in an alpha state"},{"speaker":"Zach Herbert","startTime":3607.829,"endTime":3608.373,"body":"right now."},{"speaker":"Zach Herbert","startTime":3608.469,"endTime":3610.477,"body":"So there's a lot more work for us to do."},{"speaker":"Zach Herbert","startTime":3610.621,"endTime":3615.989,"body":"But it's mostly there, you know, a lot of"},{"speaker":"Zach Herbert","startTime":3610.621,"endTime":3615.989,"body":"finishing up work for the different first"},{"speaker":"Zach Herbert","startTime":3616.037,"endTime":3617.429,"body":"party apps and that kind of thing."},{"speaker":"Zach Herbert","startTime":3617.517,"endTime":3619.389,"body":"But from a perspective of all the drivers, all"},{"speaker":"Zach Herbert","startTime":3619.397,"endTime":3622.557,"body":"the backend stuff, you know, we'll have."},{"speaker":"Zach Herbert","startTime":3622.701,"endTime":3627.587,"body":"Actually if you're in New York on Thursday,"},{"speaker":"Zach Herbert","startTime":3622.701,"endTime":3627.587,"body":"we're going to have some early devices at Pub"},{"speaker":"Zach Herbert","startTime":3627.611,"endTime":3627.843,"body":"Key."},{"speaker":"Zach Herbert","startTime":3627.899,"endTime":3628.851,"body":"We'll be showing them off."},{"speaker":"Zach Herbert","startTime":3628.923,"endTime":3630.411,"body":"There's some basic functionality."},{"speaker":"Zach Herbert","startTime":3630.523,"endTime":3632.451,"body":"So the operating system is where most of the"},{"speaker":"Zach Herbert","startTime":3632.483,"endTime":3636.411,"body":"work is on the software side now and where"},{"speaker":"Zach Herbert","startTime":3632.483,"endTime":3636.411,"body":"that's going to be over the next three months"},{"speaker":"Zach Herbert","startTime":3636.443,"endTime":3637.195,"body":"or so."},{"speaker":"Zach Herbert","startTime":3637.355,"endTime":3641.747,"body":"On the hardware side, the hardware is done and"},{"speaker":"Zach Herbert","startTime":3637.355,"endTime":3641.747,"body":"so we're at the point now where we're"},{"speaker":"Zach Herbert","startTime":3641.811,"endTime":3646.275,"body":"releasing to manufacturing and we're going to"},{"speaker":"Zach Herbert","startTime":3641.811,"endTime":3646.275,"body":"start the mass production in the very"},{"speaker":"Zach Herbert","startTime":3646.315,"endTime":3648.187,"body":"beginning of 2025."},{"speaker":"Zach Herbert","startTime":3648.331,"endTime":3651.775,"body":"So all the hardware has been validated, every"},{"speaker":"Zach Herbert","startTime":3648.331,"endTime":3651.775,"body":"component is tested."},{"speaker":"Zach Herbert","startTime":3652.535,"endTime":3657.647,"body":"You know, we're basically ready to go and we"},{"speaker":"Zach Herbert","startTime":3652.535,"endTime":3657.647,"body":"wanted to make sure we waited to announce and"},{"speaker":"Zach Herbert","startTime":3657.671,"endTime":3659.991,"body":"do any kind of pre order until the hardware"},{"speaker":"Zach Herbert","startTime":3657.671,"endTime":3659.991,"body":"was done."},{"speaker":"Zach Herbert","startTime":3660.143,"endTime":3661.799,"body":"And so I'm really excited to say it is."},{"speaker":"Zach Herbert","startTime":3661.887,"endTime":3665.471,"body":"The only thing we don't know about the"},{"speaker":"Zach Herbert","startTime":3661.887,"endTime":3665.471,"body":"hardware is how it's going to do on the"},{"speaker":"Zach Herbert","startTime":3665.503,"endTime":3669.675,"body":"waterproof testing because we actually"},{"speaker":"Zach Herbert","startTime":3665.503,"endTime":3669.675,"body":"designed the device to be fully waterproof."},{"speaker":"Zach Herbert","startTime":3669.975,"endTime":3675.075,"body":"Gasketed USB C port, gasketed power button and"},{"speaker":"Zach Herbert","startTime":3669.975,"endTime":3675.075,"body":"a really cool."},{"speaker":"Zach Herbert","startTime":3675.455,"endTime":3677.919,"body":"We figured this out actually in the, in the"},{"speaker":"Zach Herbert","startTime":3675.455,"endTime":3677.919,"body":"last couple months."},{"speaker":"Zach Herbert","startTime":3678.007,"endTime":3683.347,"body":"We have a machine at the factory that auto"},{"speaker":"Zach Herbert","startTime":3678.007,"endTime":3683.347,"body":"dispenses this adhesive on a 3D plane because"},{"speaker":"Zach Herbert","startTime":3683.411,"endTime":3688.779,"body":"passport prime has curved glass and so it has"},{"speaker":"Zach Herbert","startTime":3683.411,"endTime":3688.779,"body":"to like go around 3D dispensing it and then"},{"speaker":"Zach Herbert","startTime":3688.787,"endTime":3691.499,"body":"you just drop the screen on and we put it"},{"speaker":"Zach Herbert","startTime":3688.787,"endTime":3691.499,"body":"through an oven and it cures."},{"speaker":"Zach Herbert","startTime":3691.547,"endTime":3695.531,"body":"So it actually is like a dispensed gasket"},{"speaker":"Zach Herbert","startTime":3691.547,"endTime":3695.531,"body":"material which should make the thing"},{"speaker":"Zach Herbert","startTime":3695.563,"endTime":3696.115,"body":"waterproof."},{"speaker":"Zach Herbert","startTime":3696.155,"endTime":3697.651,"body":"But we'll see how waterproof it is."},{"speaker":"Zach Herbert","startTime":3697.683,"endTime":3704.027,"body":"So we're saying water resistant on the"},{"speaker":"Zach Herbert","startTime":3697.683,"endTime":3704.027,"body":"website, certification pending because we're"},{"speaker":"Zach Herbert","startTime":3704.051,"endTime":3705.091,"body":"not exactly sure yet."},{"speaker":"Zach Herbert","startTime":3705.163,"endTime":3707.523,"body":"But the goal is to make it, you know, fully"},{"speaker":"Zach Herbert","startTime":3705.163,"endTime":3707.523,"body":"waterproof."},{"speaker":"Zach Herbert","startTime":3707.579,"endTime":3709.525,"body":"Otherwise now I'm really excited."},{"speaker":"Zach Herbert","startTime":3710.225,"endTime":3713.645,"body":"We have a lot of great tech in here, like"},{"speaker":"Zach Herbert","startTime":3710.225,"endTime":3713.645,"body":"custom NFC antenna."},{"speaker":"Zach Herbert","startTime":3714.625,"endTime":3717.085,"body":"The Bluetooth was a lot of work."},{"speaker":"Zach Herbert","startTime":3717.505,"endTime":3719.761,"body":"That's actually something we didn't get to"},{"speaker":"Zach Herbert","startTime":3717.505,"endTime":3719.761,"body":"talk about."},{"speaker":"Zach Herbert","startTime":3719.833,"endTime":3726.273,"body":"But to be very quickly summarize that for the"},{"speaker":"Zach Herbert","startTime":3719.833,"endTime":3726.273,"body":"listeners, it is Bluetooth but we put the"},{"speaker":"Zach Herbert","startTime":3726.289,"endTime":3730.561,"body":"Bluetooth on a different chip and we have a"},{"speaker":"Zach Herbert","startTime":3726.289,"endTime":3730.561,"body":"protocol called Quantum Link where we're"},{"speaker":"Zach Herbert","startTime":3730.593,"endTime":3735.637,"body":"creating an end to end encrypted tunnel that's"},{"speaker":"Zach Herbert","startTime":3730.593,"endTime":3735.637,"body":"using quantum resistant tech through the"},{"speaker":"Zach Herbert","startTime":3735.661,"endTime":3741.277,"body":"Bluetooth chip so that you actually establish"},{"speaker":"Zach Herbert","startTime":3735.661,"endTime":3741.277,"body":"the connection and exchange encryption keys"},{"speaker":"Zach Herbert","startTime":3741.301,"endTime":3743.765,"body":"with a qr with QR codes first."},{"speaker":"Zach Herbert","startTime":3743.925,"endTime":3746.581,"body":"Then everything going through the Bluetooth"},{"speaker":"Zach Herbert","startTime":3743.925,"endTime":3746.581,"body":"chip is already encrypted."},{"speaker":"Zach Herbert","startTime":3746.653,"endTime":3748.105,"body":"So that was a lot of work."},{"speaker":"Zach Herbert","startTime":3749.245,"endTime":3751.317,"body":"A lot of really great tech in here."},{"speaker":"Zach Herbert","startTime":3751.381,"endTime":3753.493,"body":"And the circuit board looks more like"},{"speaker":"Zach Herbert","startTime":3753.509,"endTime":3758.613,"body":"something you'd find in your smartphone than"},{"speaker":"Zach Herbert","startTime":3753.509,"endTime":3758.613,"body":"something you'd find in a hardware wallet"},{"speaker":"Zach Herbert","startTime":3758.669,"endTime":3759.265,"body":"today."},{"speaker":"Seth For Privacy","startTime":3759.645,"endTime":3760.525,"body":"Yeah, it's wild."},{"speaker":"Seth For Privacy","startTime":3760.605,"endTime":3761.765,"body":"I think people are really going to be blown"},{"speaker":"Seth For Privacy","startTime":3761.805,"endTime":3764.851,"body":"away by how svelte the devices."},{"speaker":"Seth For Privacy","startTime":3764.963,"endTime":3768.315,"body":"Like it's, it's not, it's not your tech"},{"speaker":"Seth For Privacy","startTime":3768.355,"endTime":3772.603,"body":"enthusiast, early adopter calculator lookalike"},{"speaker":"Seth For Privacy","startTime":3768.355,"endTime":3772.603,"body":"kind of hardware."},{"speaker":"Seth For Privacy","startTime":3772.659,"endTime":3777.455,"body":"Like it's, it's actually a high end smartphone"},{"speaker":"Seth For Privacy","startTime":3772.659,"endTime":3777.455,"body":"in a very small form."},{"speaker":"Seth For Privacy","startTime":3777.835,"endTime":3783.027,"body":"Feel like the actual feel of the hardware, the"},{"speaker":"Seth For Privacy","startTime":3777.835,"endTime":3783.027,"body":"screen, the buttons, the actual physical"},{"speaker":"Seth For Privacy","startTime":3783.091,"endTime":3787.123,"body":"design is like very high end smartphone, high"},{"speaker":"Seth For Privacy","startTime":3783.091,"endTime":3787.123,"body":"end smartphone."},{"speaker":"Seth For Privacy","startTime":3787.259,"endTime":3792.131,"body":"Physical form factor which is going to be also"},{"speaker":"Seth For Privacy","startTime":3787.259,"endTime":3792.131,"body":"a nice change compared to the stuff that we"},{"speaker":"Seth For Privacy","startTime":3792.163,"endTime":3795.003,"body":"have in the like the hardware wallet industry"},{"speaker":"Seth For Privacy","startTime":3792.163,"endTime":3795.003,"body":"especially."},{"speaker":"Seth For Privacy","startTime":3795.179,"endTime":3799.187,"body":"But that side of things, I know we didn't get"},{"speaker":"Seth For Privacy","startTime":3795.179,"endTime":3799.187,"body":"too much into the hardware but that, that's"},{"speaker":"Seth For Privacy","startTime":3799.211,"endTime":3802.667,"body":"another aspect of this is like the idea"},{"speaker":"Seth For Privacy","startTime":3799.211,"endTime":3802.667,"body":"especially for me is this going to be an"},{"speaker":"Seth For Privacy","startTime":3802.691,"endTime":3805.187,"body":"everyday carry like this goes with me"},{"speaker":"Seth For Privacy","startTime":3802.691,"endTime":3805.187,"body":"everywhere."},{"speaker":"Seth For Privacy","startTime":3805.331,"endTime":3806.323,"body":"Passport already does."},{"speaker":"Seth For Privacy","startTime":3806.379,"endTime":3808.547,"body":"But it's not that useful because I'm not"},{"speaker":"Seth For Privacy","startTime":3808.571,"endTime":3810.931,"body":"necessarily signing like a cold storage"},{"speaker":"Seth For Privacy","startTime":3808.571,"endTime":3810.931,"body":"transaction every day."},{"speaker":"Seth For Privacy","startTime":3810.963,"endTime":3811.523,"body":"But I like to have it."},{"speaker":"Seth For Privacy","startTime":3811.539,"endTime":3812.255,"body":"Andy."},{"speaker":"Seth For Privacy","startTime":3812.555,"endTime":3816.021,"body":"But prime is going to be the perfect fit for"},{"speaker":"Seth For Privacy","startTime":3812.555,"endTime":3816.021,"body":"this because it's going to be two factor."},{"speaker":"Seth For Privacy","startTime":3816.053,"endTime":3820.013,"body":"It's going to be doing my Bitcoin and Monero"},{"speaker":"Seth For Privacy","startTime":3816.053,"endTime":3820.013,"body":"where Monero I'm signing things more than I am"},{"speaker":"Seth For Privacy","startTime":3820.029,"endTime":3820.541,"body":"with Bitcoin."},{"speaker":"Seth For Privacy","startTime":3820.573,"endTime":3822.533,"body":"It's going to be doing a lot more."},{"speaker":"Seth For Privacy","startTime":3822.589,"endTime":3825.365,"body":"So you want something that you carry every day"},{"speaker":"Seth For Privacy","startTime":3822.589,"endTime":3825.365,"body":"to be water resistant."},{"speaker":"Seth For Privacy","startTime":3825.405,"endTime":3829.157,"body":"Like you said, that's a key aspect and"},{"speaker":"Seth For Privacy","startTime":3825.405,"endTime":3829.157,"body":"actually something you enjoy using like that"},{"speaker":"Seth For Privacy","startTime":3829.181,"endTime":3833.545,"body":"it's not a nightmare to actually interface"},{"speaker":"Seth For Privacy","startTime":3829.181,"endTime":3833.545,"body":"with the device but like color, touch screen,"},{"speaker":"Seth For Privacy","startTime":3833.965,"endTime":3837.965,"body":"really small form factor despite having a"},{"speaker":"Seth For Privacy","startTime":3833.965,"endTime":3837.965,"body":"large screen like all those things go into"},{"speaker":"Seth For Privacy","startTime":3838.045,"endTime":3842.941,"body":"again lowering that barrier of entry, making"},{"speaker":"Seth For Privacy","startTime":3838.045,"endTime":3842.941,"body":"it where taking your security, taking your"},{"speaker":"Seth For Privacy","startTime":3842.973,"endTime":3848.741,"body":"privacy, taking your financial sovereignty"},{"speaker":"Seth For Privacy","startTime":3842.973,"endTime":3848.741,"body":"seriously is enjoyable and is something that"},{"speaker":"Seth For Privacy","startTime":3848.813,"endTime":3852.565,"body":"actually is like a good part of your day and"},{"speaker":"Seth For Privacy","startTime":3848.813,"endTime":3852.565,"body":"not a terrifying part of your day."},{"speaker":"Seth For Privacy","startTime":3852.685,"endTime":3857.597,"body":"It's a really exciting, really exciting future"},{"speaker":"Seth For Privacy","startTime":3852.685,"endTime":3857.597,"body":"and one that is almost the present, it's"},{"speaker":"Seth For Privacy","startTime":3857.621,"endTime":3860.445,"body":"almost not the future anymore which is gonna,"},{"speaker":"Seth For Privacy","startTime":3857.621,"endTime":3860.445,"body":"which is gonna be fun."},{"speaker":"Seth For Privacy","startTime":3860.485,"endTime":3864.637,"body":"I can't wait to actually see the finished"},{"speaker":"Seth For Privacy","startTime":3860.485,"endTime":3864.637,"body":"product even though I've seen the finished"},{"speaker":"Seth For Privacy","startTime":3864.661,"endTime":3867.901,"body":"hardware and gotten to play with that and I"},{"speaker":"Seth For Privacy","startTime":3864.661,"endTime":3867.901,"body":"know people are gonna get to see that this"},{"speaker":"Seth For Privacy","startTime":3867.933,"endTime":3868.533,"body":"week."},{"speaker":"Seth For Privacy","startTime":3868.709,"endTime":3872.501,"body":"But any last Things you want to touch on"},{"speaker":"Seth For Privacy","startTime":3868.709,"endTime":3872.501,"body":"before we wrap up here, Zachary?"},{"speaker":"Zach Herbert","startTime":3872.683,"endTime":3875.085,"body":"Well, I just forgot to mention"},{"speaker":"Zach Herbert","startTime":3872.683,"endTime":3875.085,"body":"the actual availability."},{"speaker":"Zach Herbert","startTime":3875.625,"endTime":3882.721,"body":"So the goal is for the early access program"},{"speaker":"Zach Herbert","startTime":3875.625,"endTime":3882.721,"body":"units to ship in March or end of March and"},{"speaker":"Zach Herbert","startTime":3882.753,"endTime":3887.817,"body":"then for general availability to come in the"},{"speaker":"Zach Herbert","startTime":3882.753,"endTime":3887.817,"body":"beginning of Q2."},{"speaker":"Zach Herbert","startTime":3887.961,"endTime":3889.433,"body":"And so that's what we're aiming for."},{"speaker":"Zach Herbert","startTime":3889.529,"endTime":3894.169,"body":"You know, it's hard to estimate, but we're"},{"speaker":"Zach Herbert","startTime":3889.529,"endTime":3894.169,"body":"going to be pushing really hard come, you"},{"speaker":"Zach Herbert","startTime":3894.177,"endTime":3898.165,"body":"know, the new year and ramping up the"},{"speaker":"Zach Herbert","startTime":3894.177,"endTime":3898.165,"body":"manufacturing and getting all that done."},{"speaker":"Zach Herbert","startTime":3898.825,"endTime":3902.225,"body":"Otherwise, I think you hit the nail on the"},{"speaker":"Zach Herbert","startTime":3898.825,"endTime":3902.225,"body":"head with the portability."},{"speaker":"Zach Herbert","startTime":3902.305,"endTime":3904.285,"body":"It's a very different kind of device, right?"},{"speaker":"Zach Herbert","startTime":3904.905,"endTime":3910.905,"body":"For some people, it might even be that you buy"},{"speaker":"Zach Herbert","startTime":3904.905,"endTime":3910.905,"body":"a Passport to use just for some of your"},{"speaker":"Zach Herbert","startTime":3910.985,"endTime":3914.025,"body":"Bitcoin storage, or maybe you may even want to"},{"speaker":"Zach Herbert","startTime":3910.985,"endTime":3914.025,"body":"use for multisig."},{"speaker":"Zach Herbert","startTime":3914.145,"endTime":3920.137,"body":"Then you buy a Passport prime to use also for"},{"speaker":"Zach Herbert","startTime":3914.145,"endTime":3920.137,"body":"Bitcoin storage, but then of course to secure"},{"speaker":"Zach Herbert","startTime":3920.161,"endTime":3922.817,"body":"your entire digital life and you bring that"},{"speaker":"Zach Herbert","startTime":3920.161,"endTime":3922.817,"body":"with you everywhere."},{"speaker":"Zach Herbert","startTime":3922.921,"endTime":3928.175,"body":"And we're still going to be selling Passport"},{"speaker":"Zach Herbert","startTime":3922.921,"endTime":3928.175,"body":"alongside Passport prime."},{"speaker":"Zach Herbert","startTime":3928.835,"endTime":3933.715,"body":"And I'm really curious to see what the"},{"speaker":"Zach Herbert","startTime":3928.835,"endTime":3933.715,"body":"breakdown in sales is going to look like"},{"speaker":"Zach Herbert","startTime":3933.755,"endTime":3937.899,"body":"between the two because that will inform"},{"speaker":"Zach Herbert","startTime":3933.755,"endTime":3937.899,"body":"whether we keep the Bitcoin only hardware"},{"speaker":"Zach Herbert","startTime":3937.947,"endTime":3944.315,"body":"wallet going or maybe we make a more stripped"},{"speaker":"Zach Herbert","startTime":3937.947,"endTime":3944.315,"body":"down version of Passport prime that has more"},{"speaker":"Zach Herbert","startTime":3944.355,"endTime":3945.495,"body":"limited features."},{"speaker":"Zach Herbert","startTime":3946.155,"endTime":3950.171,"body":"Passport is 199. Passport prime will be 299."},{"speaker":"Zach Herbert","startTime":3950.323,"endTime":3952.003,"body":"I think it's a pretty good, you know, price"},{"speaker":"Zach Herbert","startTime":3952.059,"endTime":3956.227,"body":"point differentiation, but a lot of this is"},{"speaker":"Zach Herbert","startTime":3952.059,"endTime":3956.227,"body":"going to be based on, you know, what the"},{"speaker":"Zach Herbert","startTime":3956.251,"endTime":3957.815,"body":"customer demand is going to be."},{"speaker":"Zach Herbert","startTime":3958.235,"endTime":3963.723,"body":"And then the other thing too, which I don't"},{"speaker":"Zach Herbert","startTime":3958.235,"endTime":3963.723,"body":"think is even on the website anywhere or in"},{"speaker":"Zach Herbert","startTime":3963.739,"endTime":3967.371,"body":"the keynote that I gave, is that we are going"},{"speaker":"Zach Herbert","startTime":3963.739,"endTime":3967.371,"body":"to have some cool accessories to make it"},{"speaker":"Zach Herbert","startTime":3967.403,"endTime":3968.675,"body":"easier to take with you."},{"speaker":"Zach Herbert","startTime":3968.795,"endTime":3973.083,"body":"One of them that I think is going to be pretty"},{"speaker":"Zach Herbert","startTime":3968.795,"endTime":3973.083,"body":"popular is the Wallet Folio where you have the"},{"speaker":"Zach Herbert","startTime":3973.099,"endTime":3976.831,"body":"ability to put a couple credit cards and then"},{"speaker":"Zach Herbert","startTime":3973.099,"endTime":3976.831,"body":"you can put like a credit card and a driver's"},{"speaker":"Zach Herbert","startTime":3976.863,"endTime":3979.775,"body":"license and then have prime in your pocket."},{"speaker":"Zach Herbert","startTime":3979.935,"endTime":3984.679,"body":"And then, you know, most people are using"},{"speaker":"Zach Herbert","startTime":3979.935,"endTime":3984.679,"body":"something like Apple Pay for, you know, their,"},{"speaker":"Zach Herbert","startTime":3984.727,"endTime":3988.887,"body":"their other credit cards on or you know,"},{"speaker":"Zach Herbert","startTime":3984.727,"endTime":3988.887,"body":"Android Pay or whatever it's called."},{"speaker":"Zach Herbert","startTime":3988.991,"endTime":3991.795,"body":"And so you don't really need to carry around"},{"speaker":"Zach Herbert","startTime":3988.991,"endTime":3991.795,"body":"as much anymore in a wallet."},{"speaker":"Zach Herbert","startTime":3992.415,"endTime":3996.223,"body":"We're also going to have the inside the"},{"speaker":"Zach Herbert","startTime":3992.415,"endTime":3996.223,"body":"waistband holster, which the internal company"},{"speaker":"Zach Herbert","startTime":3996.279,"endTime":3998.399,"body":"joke is that I'm the only customer for."},{"speaker":"Zach Herbert","startTime":3998.527,"endTime":4000.511,"body":"You know, you have your firearm on one side,"},{"speaker":"Zach Herbert","startTime":4000.543,"endTime":4002.647,"body":"you have your Passport prime on the other"},{"speaker":"Zach Herbert","startTime":4000.543,"endTime":4002.647,"body":"side."},{"speaker":"Seth For Privacy","startTime":4002.831,"endTime":4006.183,"body":"Uh, it's taking everyday"},{"speaker":"Seth For Privacy","startTime":4002.831,"endTime":4006.183,"body":"carry to a whole nother level there."},{"speaker":"Seth For Privacy","startTime":4006.239,"endTime":4007.927,"body":"I mean you'll, you'll Be able to just."},{"speaker":"Seth For Privacy","startTime":4008.111,"endTime":4009.919,"body":"We'll have to have a quick draw competition"},{"speaker":"Seth For Privacy","startTime":4010.007,"endTime":4012.263,"body":"after holsters done."},{"speaker":"Zach Herbert","startTime":4012.399,"endTime":4014.715,"body":"Make sure you remember which"},{"speaker":"Zach Herbert","startTime":4012.399,"endTime":4014.715,"body":"side the passport."},{"speaker":"Zach Herbert","startTime":4016.335,"endTime":4017.959,"body":"But I think it's cool."},{"speaker":"Zach Herbert","startTime":4018.007,"endTime":4020.535,"body":"I wanted it because having a holster is fun."},{"speaker":"Zach Herbert","startTime":4020.575,"endTime":4021.871,"body":"You could put it inside the waistband."},{"speaker":"Zach Herbert","startTime":4021.903,"endTime":4025.687,"body":"You could also go old school like dad mode"},{"speaker":"Zach Herbert","startTime":4025.751,"endTime":4029.599,"body":"from the 90s where you, you put it outside,"},{"speaker":"Zach Herbert","startTime":4025.751,"endTime":4029.599,"body":"you know, the waistband."},{"speaker":"Seth For Privacy","startTime":4029.647,"endTime":4031.279,"body":"This is, this is why you"},{"speaker":"Seth For Privacy","startTime":4029.647,"endTime":4031.279,"body":"wanted it, right?"},{"speaker":"Seth For Privacy","startTime":4031.327,"endTime":4032.327,"body":"This is why you wanted it."},{"speaker":"Seth For Privacy","startTime":4032.391,"endTime":4033.343,"body":"Or maybe that's for Ken."},{"speaker":"Seth For Privacy","startTime":4033.399,"endTime":4033.703,"body":"I don't know."},{"speaker":"Seth For Privacy","startTime":4033.719,"endTime":4034.547,"body":"Maybe that's for Ken."},{"speaker":"Zach Herbert","startTime":4034.671,"endTime":4037.811,"body":"Maybe. Yeah. And you know, you"},{"speaker":"Zach Herbert","startTime":4034.671,"endTime":4037.811,"body":"could also clip it to something."},{"speaker":"Zach Herbert","startTime":4037.843,"endTime":4040.483,"body":"You could clip it to, you know, like inside"},{"speaker":"Zach Herbert","startTime":4037.843,"endTime":4040.483,"body":"your backpack."},{"speaker":"Zach Herbert","startTime":4040.539,"endTime":4040.731,"body":"Right."},{"speaker":"Zach Herbert","startTime":4040.763,"endTime":4042.619,"body":"So it's, it's clipped inside but it's more"},{"speaker":"Zach Herbert","startTime":4042.667,"endTime":4043.739,"body":"protected or something like that."},{"speaker":"Zach Herbert","startTime":4043.787,"endTime":4049.179,"body":"So you know, we'll have a range of accessories"},{"speaker":"Zach Herbert","startTime":4043.787,"endTime":4049.179,"body":"and some cases and that kind of thing."},{"speaker":"Zach Herbert","startTime":4049.267,"endTime":4052.459,"body":"But yeah, it's really meant to be like a"},{"speaker":"Zach Herbert","startTime":4049.267,"endTime":4052.459,"body":"companion to your phone."},{"speaker":"Zach Herbert","startTime":4052.627,"endTime":4057.251,"body":"If so if you want to be a sovereign"},{"speaker":"Zach Herbert","startTime":4052.627,"endTime":4057.251,"body":"individual, you can take it with you and you"},{"speaker":"Zach Herbert","startTime":4057.283,"endTime":4061.735,"body":"can use it for, you know, kind of all your"},{"speaker":"Zach Herbert","startTime":4057.283,"endTime":4061.735,"body":"security related needs."},{"speaker":"Zach Herbert","startTime":4062.285,"endTime":4065.533,"body":"And I think that we're already carrying stuff"},{"speaker":"Zach Herbert","startTime":4062.285,"endTime":4065.533,"body":"around."},{"speaker":"Zach Herbert","startTime":4065.629,"endTime":4068.637,"body":"Like you said, you travel, you want to have to"},{"speaker":"Zach Herbert","startTime":4065.629,"endTime":4068.637,"body":"bring a passport with you."},{"speaker":"Zach Herbert","startTime":4068.741,"endTime":4070.785,"body":"People have Yubikeys on their keychain."},{"speaker":"Zach Herbert","startTime":4071.205,"endTime":4075.781,"body":"It's going to be really nice, I think, to roll"},{"speaker":"Zach Herbert","startTime":4071.205,"endTime":4075.781,"body":"it all up into a single device and I hope"},{"speaker":"Zach Herbert","startTime":4075.813,"endTime":4078.105,"body":"people are really excited about it."},{"speaker":"Zach Herbert","startTime":4078.605,"endTime":4080.549,"body":"I don't really have anything else to add, of"},{"speaker":"Zach Herbert","startTime":4078.605,"endTime":4080.549,"body":"course."},{"speaker":"Zach Herbert","startTime":4080.637,"endTime":4085.917,"body":"The website is Foundation XYZ and it is going"},{"speaker":"Zach Herbert","startTime":4080.637,"endTime":4085.917,"body":"to be available to either pre order for the"},{"speaker":"Zach Herbert","startTime":4085.941,"endTime":4091.875,"body":"early access program or just place a"},{"speaker":"Zach Herbert","startTime":4085.941,"endTime":4091.875,"body":"reservation for early 2025."},{"speaker":"Seth For Privacy","startTime":4092.175,"endTime":4092.863,"body":"Amazing."},{"speaker":"Seth For Privacy","startTime":4092.959,"endTime":4094.235,"body":"Thank you so much, Zach."},{"speaker":"Seth For Privacy","startTime":4094.535,"endTime":4099.455,"body":"It was awesome getting to have you back on"},{"speaker":"Seth For Privacy","startTime":4094.535,"endTime":4099.455,"body":"three years after with a whole new category of"},{"speaker":"Seth For Privacy","startTime":4099.495,"endTime":4100.635,"body":"product launching."},{"speaker":"Seth For Privacy","startTime":4101.735,"endTime":4106.935,"body":"I just want to add on to the end the amount of"},{"speaker":"Seth For Privacy","startTime":4101.735,"endTime":4106.935,"body":"faith that you placed in me getting me started"},{"speaker":"Seth For Privacy","startTime":4106.975,"endTime":4111.755,"body":"in the bitcoin space, in the hardware space,"},{"speaker":"Seth For Privacy","startTime":4106.975,"endTime":4111.755,"body":"helping with foundation on the marketing side,"},{"speaker":"Seth For Privacy","startTime":4112.095,"endTime":4114.238,"body":"that has been just, just awesome to see."},{"speaker":"Seth For Privacy","startTime":4114.286,"endTime":4121.366,"body":"And the ability to know what a company is like"},{"speaker":"Seth For Privacy","startTime":4114.286,"endTime":4121.366,"body":"internally that makes products like this is"},{"speaker":"Seth For Privacy","startTime":4121.39,"endTime":4122.638,"body":"something that most people don't have."},{"speaker":"Seth For Privacy","startTime":4122.726,"endTime":4124.446,"body":"But there are very few companies that I can"},{"speaker":"Seth For Privacy","startTime":4124.47,"endTime":4124.79,"body":"say that."},{"speaker":"Seth For Privacy","startTime":4124.822,"endTime":4129.23,"body":"I actually personally know all the people who"},{"speaker":"Seth For Privacy","startTime":4124.822,"endTime":4129.23,"body":"worked on this device and I know that they"},{"speaker":"Seth For Privacy","startTime":4129.302,"endTime":4132.142,"body":"have the best ethos you could possibly"},{"speaker":"Seth For Privacy","startTime":4129.302,"endTime":4132.142,"body":"imagine."},{"speaker":"Seth For Privacy","startTime":4132.198,"endTime":4133.686,"body":"And it's just an awesome part of this."},{"speaker":"Seth For Privacy","startTime":4133.71,"endTime":4137.198,"body":"And it's one of the things that I love about"},{"speaker":"Seth For Privacy","startTime":4133.71,"endTime":4137.198,"body":"having a platform is I can help you all get"},{"speaker":"Seth For Privacy","startTime":4137.206,"endTime":4140.494,"body":"the word out when I know that you all are"},{"speaker":"Seth For Privacy","startTime":4137.206,"endTime":4140.494,"body":"doing this to increase human freedom."},{"speaker":"Seth For Privacy","startTime":4140.574,"endTime":4145.607,"body":"Like this is just a fantastic tool that helps"},{"speaker":"Seth For Privacy","startTime":4140.574,"endTime":4145.607,"body":"to give power back to the individual, so I'm"},{"speaker":"Seth For Privacy","startTime":4145.631,"endTime":4146.447,"body":"pumped for that."},{"speaker":"Seth For Privacy","startTime":4146.551,"endTime":4148.439,"body":"I will be one of the first people purchasing"},{"speaker":"Seth For Privacy","startTime":4148.527,"endTime":4149.975,"body":"in the Early Access program."},{"speaker":"Seth For Privacy","startTime":4150.095,"endTime":4153.559,"body":"I know that we'll be getting some at Cake as"},{"speaker":"Seth For Privacy","startTime":4150.095,"endTime":4153.559,"body":"well for us to start working on the dev side"},{"speaker":"Seth For Privacy","startTime":4153.607,"endTime":4156.527,"body":"to get strong Monero support out there for"},{"speaker":"Seth For Privacy","startTime":4153.607,"endTime":4156.527,"body":"Passport prime."},{"speaker":"Seth For Privacy","startTime":4156.591,"endTime":4161.115,"body":"Hopefully very, very early on after the early"},{"speaker":"Seth For Privacy","startTime":4156.591,"endTime":4161.115,"body":"Access program launch at the latest."},{"speaker":"Seth For Privacy","startTime":4161.535,"endTime":4164.095,"body":"I'm pumped for it, but thank you so much for"},{"speaker":"Seth For Privacy","startTime":4161.535,"endTime":4164.095,"body":"coming on again."},{"speaker":"Seth For Privacy","startTime":4164.135,"endTime":4164.543,"body":"Zach."},{"speaker":"Seth For Privacy","startTime":4164.639,"endTime":4166.887,"body":"Absolute blast as always and looking forward"},{"speaker":"Seth For Privacy","startTime":4166.911,"endTime":4167.431,"body":"to Prime."},{"speaker":"Seth For Privacy","startTime":4167.503,"endTime":4168.767,"body":"Looking forward to chatting more."},{"speaker":"Zach Herbert","startTime":4168.911,"endTime":4169.391,"body":"Same here."},{"speaker":"Zach Herbert","startTime":4169.423,"endTime":4170.275,"body":"Thanks Seth."},{"speaker":"Seth For Privacy","startTime":4178.204,"endTime":4181.348,"body":"Thanks for listening and I"},{"speaker":"Seth For Privacy","startTime":4178.204,"endTime":4181.348,"body":"hope you enjoyed this episode of Opt Out."},{"speaker":"Seth For Privacy","startTime":4181.476,"endTime":4184.164,"body":"If you did, please take a moment and subscribe"},{"speaker":"Seth For Privacy","startTime":4181.476,"endTime":4184.164,"body":"to the podcast."},{"speaker":"Seth For Privacy","startTime":4184.244,"endTime":4188.424,"body":"Or if you're already subscribed, share it with"},{"speaker":"Seth For Privacy","startTime":4184.244,"endTime":4188.424,"body":"one friend or family member this week."},{"speaker":"Seth For Privacy","startTime":4188.724,"endTime":4193.036,"body":"As always, you can check out the link to the"},{"speaker":"Seth For Privacy","startTime":4188.724,"endTime":4193.036,"body":"guest's content and contact info, as well as"},{"speaker":"Seth For Privacy","startTime":4193.06,"endTime":4195.604,"body":"links to all of the tools we discussed in"},{"speaker":"Seth For Privacy","startTime":4193.06,"endTime":4195.604,"body":"today's episode."},{"speaker":"Seth For Privacy","startTime":4195.724,"endTime":4197.944,"body":"Now get out there and opt out this week."},{"speaker":"Seth For Privacy","startTime":4198.475,"endTime":4198.715,"body":"Dam."}]}