Squads: Building Solana’s Multisig Wallet Standard
How do you bring the self-custody of assets to Solana and make it simple and easy to setup, upgrade and use?
In this episode of The Next Billion podcast, George Harrap is joined by Stepan Simkin, Co-Founder & CEO of Squads, a multi-signature wallet standard on Solana that provides critical infrastructure for web3 individuals, teams, DAOs and institutions for full control over their assets.
George and Stepan talk about how Squads Protocol had to first build the infrastructure layer on Solana in order to make self-custody easy through multisigs. As more things get on-chain, security and custody become a lot more important for crypto users and Squads provides a way for them to take full control over their assets like NFTs. Multisigs also help projects and programs easily manage their governance needs through multisigs on Solana. Given the renewed focus on diversification of assets and infrastructures, multisigs have been even more critical to the functioning of DAOs in a decentralized environment.
The Next Billion podcast talks to Solana builders that are helping onboard The Next Billion people into crypto.
Listen to George and Stepan's unfiltered, and raw perspectives here and on Spotify at https://open.spotify.com/show/2ELv0CtYJYwcsqb9CdUMJi.
Crypto is so much more than just numbers and nodes. It’s about onboarding The Next Billion users. The Next Billion podcast is a direct, and unfiltered dive into the stories of the builders that are making this happen.
Host George Harrap has wide-ranging conversations to help people better understand the future of crypto adoption and uses around the world.
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