Davi Giroux

some takeaways from binance and the last few weeks of cyber apocalypse: - we’ve been building in crypto for the last 5 years and it always felt like we were at war, but now we’re definitely at war - don't think i've seen the industry coordinate like this before, swift action, no hesitation, united front - we’ve come a long way - for as long as I can remember the usual response to something like this used to be “just self-custody,” I think we're past the point where that alone is a useful answer - I do believe however that self-custody without single points of failure is the way to go in a world where everything feels more fragile, both in and outside of crypto - for personal custody, a 2/3 multisig with 3 different hardware wallet providers is a good start - for teams and enterprises, the list is longer and nuance is king, at a minimum: dedicated signing devices, diversified signers, alternative frontends for verification, alerts and monitoring - while we have AI to “blame” for pointing out the fragility and gaps in our systems, I do believe it will also be responsible for generalizing formal verification by making it cheap and accessible across the board - all the recent events absolutely don’t help me sleep better, but from a squads perspective we’re staying the course: formally verifying our code (now beyond onchain), always be fuzzing/pointing new models at our programs, obsessing over enterprise security, helping solana teams design their multisig setups and preparing for quantum - leading up to Breakpoint and after we’re going to be rolling out a couple major updates to the multisig experience as well as shipping more open source tools for the ecosystem - my DMs are open if you’re rethinking your custody setup, and reach out to STRIDE to get your opsec audited - our character development arc as an industry continues and the only way out is through ps: squads was not affected by the binance incident and all systems remain operational