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Buck

@rollbit

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Buck
@rollbit
nyc beautiful this time of year šŸ˜®
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Buck
@rollbit
again would love to dig in further on tg if you are interested cc: @garrett
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Buck
@rollbit
re: how much more / less secure are they than a traditional multisig? a hardware wallet? This is explained above but leveraging TEEā€™s to handle all sensitive actions takes the risk of Private Keys being sniffed and compromised (sometimes for a long period without folks knowing). I will note people also choose to set up Turnkey as a multisig as well as use Turnkey as a signer in multisig setups with other providers :) re: what about once you export the private key (switching service providers or they go out of business)? Definitely no issue with exporting the private key ā€” we use encryption to allow for secure transfer of the key out of the enclave. That being said, once the key is exported it obviously no longer has the guarantee that it has never been exposed outside of the enclave.
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Buck
@rollbit
Remote attestation can be used to verify that the code we think is running is whatā€™s ACTUALLY running at any point in time. Finally, a big advantage is that you hold authenticators (not private key material) that are gated by our policy engine ā€” this allows you to tightly scope access (e.g., allowed contract calls, multi-party approvals, etc.), and even roll the authenticators if theyā€™re ever exposed. All in this gets you a very holistic security model, high performance (2000+ TPS, 50-100ms signging latency), and a ton of flexibility in your implementation that you wouldnā€™t have elsewhere. Turnkey is really the only option on the market that makes sense for high value use cases.
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Buck
@rollbit
Think there is a very large convo and happy to DM on telegram (@buckontelegram). Would recommend checking out http://whitepaper.turnkey.com for the full debrief of our approach! Biggest call-out here is that Turnkey leverages TEEā€™s to protect ANY sensitive actions that could touch funds (e.g., tx parsing, policy evaluation, auth) & is not soley focused on protecting the private key. This ensures a much more holistic model & helps avoid ByBit-style MITM attacks. We also leverage our custom OS, QuorumOS (QOS), for deployments into these enclaves, which eliminates single points of failure by ensuring that a quorum of Turnkey Operators is required for any deployment. Weā€™ve built these applications to be verifiable down to the builds.
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Buck
@rollbit
any castoors?
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Buck
@rollbit
on a train
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Buck
@rollbit
ya could sell vapes too
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Buck
@rollbit
get bentooo
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Buck
@rollbit
if youā€™re on twitter pivot to farcaster
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Buck
@rollbit
i am sending help
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Buck
@rollbit
Hello is anyone in here? Is anyone in this app? I am posting a voice memo from a whiskey bar right now. Iā€™m just checking if anyone is inside of this app here.
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Buck
@rollbit
sometimes i even make up little stories to tell myself about why and how my bags will go up
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Buck
@rollbit
the future and of finance
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Buck
@rollbit
or those who let the joke go over their head ;)
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Buck
@rollbit
are people still mewing these days?
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Buck
@rollbit
kaito is scary because people may start tweeting disingenuously about crypto
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Buck
@rollbit
they make me come back to farcaster now
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Buck
@rollbit
fire
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Buck
@rollbit
on a plane has anyone ever traveled? lmk please šŸ™
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