Henri Stern Ꙫ
@henri_stern
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Data privacy on the web. Keeper of the fabric @privy_io . Fmr @protocollabs consensus work. Before that YC S14 🇫🇷🌐🍊
Joined March 2021
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To say I'm excited about this is a massive understatement.
We are seeing what it means to build in crypto change, and we are so excited to open
@privy_io
up to everyone to help a new generation of products launch!
We're just getting started 🤓
1/ Privy is now available for everyone!
After 15 months, 2.5M users onboarded, 902 SDK releases and 5 audits, we're opening up so anyone can sign up to Privy
We're excited to serve the next generation of crypto apps by making it seamless for them to onboard and engage everyone
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So my Twitter today is going to be a bit insufferable, but we're genuinely thrilled to announce our Series A 👐
Seriously though, we are at a pivotal time in crypto - distributed systems stand to massively upgrade the Internet, provided we can make them easy to use...
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Bridging funds onchain remains one of the biggest parts of friction in the space, and a major dropoff point for any new user!
We're excited to work with amazing teams like
@decentxyz
and
@stripe
to push here!
Account funding is the biggest challenge for crypto developers looking to *activate* users
Excited to partner with
@decentxyz
and
@stripe
on today's launch making account funding much more seamless ✨
0 to onchain transactions (on any L2!) with just an email and credit card!
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Working with
@ettinger
was a 2023 highlight and you should too…
Writing clarifies thinking so this is product improvement all around!
just wrapped a big project & have some immediate avails to help with...
-better brand writing (positioning, tone, copy)
-unique content strategy (no bad ideas!)
-non-GPT long-form (we can all tell)
-emails that actually convert (found money)
👉 ✍️
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Months in the making -- So so so good to finally make this upgrade!
1/ With today's SDK release, our modal redesign is officially live!
Lots of great (and commonly requested) improvements in here, including:
✖️ Better sign in method configurability
🧩 Improved wallet connector logic
✨ Revamped UIs
➕ And much more...
Let's dive in!
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I am so so proud to finally start talking about this! This was a thrill to build with the amazing
@opensea
team.
A lot more coming soon 🥳
1/ Privy now powers
@opensea
’s onboarding experience! With today's launch, buying an NFT is as easy as
1️⃣ Email sign in
2️⃣ Credit card purchase
3️⃣ NFT lands in self-custodial wallet
We're so excited to support the largest NFT marketplace as they unlock their next wave of users
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I hate having to say it but --
@privy
has no plans whatsoever to launch a token.
Some operating models warrant decentralized incentivization to work at scale. We do not believe ours does.
Come build with our SDK, it's nice and SaaSy all on its own 🤓!
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An image that's been spinning around my head for a while, or how improving UX changes the landscape of viable products that can be built on decentralized rails!
Inspired in part by a convo with
@Obstropolos
1/ The carrot and the stick
Crypto has been a balancing act: onchain systems are complex to use, so developers need monetary incentives to drive adoption.
But change is afoot! We're seeing more and more builders crafting delightful onchain UX, which expands crypto's frontier
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I am so excited for this!
Gaul is an entirely new game with entirely new NPCs and objectives, RSVP TO PLAY TOMORROW!!!
we made it nice and buggy for you ❤️
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I'm curious as to the intended audience of the video. This is a super cool product demo (all things considered) but in a mkt with few purchasers and v complex sales cycles, how do you quantify effectiveness of video
- team morale
- VCs
- 2% purchase rate
but also just cool video
Introducing:
Roadrunner, a compact VTOL drone powered by twin thrust-vectored turbojet engines with extraordinary speed, range, and payload capacity.
&
Roadrunner-M, a radical new low-cost weapon that allows for unprecedented tactics against powerful threats.
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We are indeed hiring!! Thanks
@jobstash_xyz
:D
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To say I'm excited about this is a massive understatement!
@ourZORA
has been reshaping how we think about onchain creation for years and today we are thrilled we get to help them make creator tooling more accessible to new audiences!
Never seen a team ship like theirs!
1/ We're thrilled to support
@ourZORA
on their embedded wallet launch!
Creating on Zora just got a lot easier for everyone without a wallet, it's as simple as:
1️⃣ Email sign in
2️⃣ Upload art
3️⃣ Launch a free mint
You can still use Zora with your favorite external wallet!
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No less exciting -- we have been piloting this one for months and I'm excited it's finally out :D! Try it out at
1/ Transaction MFA 🛡️
Wallets are not one-size-fits-all. As assets grow in a user’s account, it becomes important to layer on additional security measures.
Privy now offers the ability for users to require successful MFA verification prior to embedded wallet transactions.
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This is without a doubt the best part of announcing our series A:
So excited to work with you
@_yangyou
!
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So excited to work with you
@jayhinz
! Already learning so much from your experience and excited for what we can build together 😍😍😍
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We're so grateful we get to work with the amazing partners we have!
A long way to go but there's a bright future ahead 🌈
Fun milestone 🤩
Privy has onboarded more than 1,000,000 users to web3, across embedded and external wallets!
Supporting amazing teams as they build delightful apps is hands down the best part of our jobs
This is just the beginning as we all work to bring the world onchain 🦾
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Crypto is stuck between walled gardens and open deserts. We see a future of "hedged gardens with interoperable roots" (s/o Akhila B for that frame).
Thank you so much for covering our fundraise
@jeffjohnroberts
@FortuneMagazine
!
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Enabling users to better control data and assets has been the goal since day 1. Very excited to start talking more about our work here!
If you're interested in this work, would love to chat and learn!
1/ Announcing global wallets 🌍
Onchain systems give users two core benefits: self-custody and interoperability
Today we’re excited to start talking about our work on global embedded wallets which make it easy for users to access their data and assets across apps using Privy
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Whoever is responsible for Infura’s multi tenancy billing system is a special kind of mean.
Just 👏 update 👏 your 👏 db 👏schemas 👏. It’s literally the simplest part of your product.
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"May you live in interesting times."
😅 - 2023 has been... interesting. In spite of the chaos, there's a lot to be excited about working in tech these days!
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I have a hunch I found the entrance… 🧐
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Current state of the debate -- use the right tool for the right problem.
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Been seeing a lot of folks sending mainnet eth to their
@friendtech
account instead of
@BuildOnBase
eth (I did it too) so I wrote up a quick tutorial on how to access these funds.
Do not do anything you don't understand or share your keys with anyone.
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Awesome crew doing great work!!! Congratulations team.
🚀Announcing our $4M seed led by
@sequoia
, and our previously unannounced $2M pre-seed led by
@SusaVentures
and
@BoxGroup
(🧵👇)
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A very common trait of the smartest, most curious people I know is real love for YouTube and video as a high density knowledge acquisition medium. 🤔
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Come build with us :D!
🏙️ Attention NYC web3 developers 🌆
Privy is sponsoring the
@ETHGlobal
New York hackathon this year, with multiple prizes 🏆
Great opportunity to build alongside some of the best in web3... and you'll get to know our team!
Apply to attend today 👇
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🙏😍🥰 so excited for launch
@sonastream
One of the things I'm most excited about with our upcoming launch is the partners that we are working with. Couldn't be happier than to be working with these guys at
@privy_io
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With Coinbase and Alchemy both launching embedded wallets today, I think 2024 will be a great year for crypto users 👏👏👏
Excited to see more folks focused on making our space more accessible to mainstream users! 🌈
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Been having conversations with brilliant folks building in crypto who have been utterly ruthless about doing user experimentation ahead of launching complex systems...
Extremely good leading indicator for the viability of this next batch of consumer crypto products 🐂🐂🐂
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I love this!
Have you ever wondered how projects like
@privy_io
seamlessly create your account?
It's all about sharing secrets 🔑
In this video, we go through one of the fundamental building blocks that enable features like social recovery: Shamir Secret Sharing and Lagrange Interpolation!
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Excited to see this rollout -- Wallets should evolve with the user's journey!
A lot more coming soon from
@privy_io
, including support for passkeys, TOTP and a lot more :).
You can now add a 2FA password to your account for additional protection if your cell carrier or email service becomes compromised.
Neither the friendtech nor Privy teams can reset these passwords, so please use care when using this feature
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My next two months of 🍲🥘🍢 discoveries ✅
Here’s a test drive of our new map-discoverability feature on the Blackbird app. Download via link in bio.
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This is a big day for us
@privy_io
! So excited to start rolling out embedded wallets 👏
They will help developers reach wider audiences, and enable core identity work we have been excited about since day 1!
Today, we are thrilled to introduce embedded wallets ✨!
With embedded wallets, Privy makes it easy for developers to provision wallets for their users as they log in with emails or social accounts.
(1/4)
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This is a great thread and I love the analytical approach. We have a lot of work to do on standardization here!
The Great Wall in Web3
I tried to use the top 100 dApps with three different wallets. Here’s the tea:☕️
Thread 🧵
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Been so cool to watch the
@framed_gg
team push on-chain gaming since
@ETHGlobal
! So much more to come!
1/ Consumer Crypto Highlight of the Week 🏆
This week we're excited to highlight
@framed_gg
, an onchain remake of the traditional game Mafia, started as a part of
@ETHGlobal
NY
It's built using Privy embedded wallets, so it's easy for all users to participate
Let's dive in 👇
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Proud to partner with
@AlchemyPlatform
! Lots of fun build outs ahead :)
1/ Building for the future?
Welcome web3 natives and newcomers, with:
🤝 Sign in via wallets/email/social
⛽ Gas sponsorship
➕ Batched transactions
+ more
Here's your step-by-step guide, powered by
@privy_io
+ Alchemy Account Kit ✨
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This is very cool:
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Have been finding myself consistently delighted by
@tryramp
's seamless UX. Things are where I would expect them to be, I am taking on fairly complex workflows without really thinking about it or having to look through docs.
Great product design at work. 👏😍
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The lack of interoperability between different smart account implementations leads to lock-in.
That’s why we worked with
@rhinestonewtf
,
@biconomy
, and
@okx
to create ERC-7579 — a minimal interoperability standard for smart accounts. And we are building Kernel on it! 🚀
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-- insanely cool. But also, love the film credits at the bottom of the page. Real brand moment -- it signals "this work is artistry, real craft."
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Balancing brand and UX consistency in self-custody is a fundamental challenge in crypto!
This is a fundamental question of user consent and interaction design where we must continue to iterate.
Always eager for feedback 🙇 🙏 👇
1/ Whitelabeling Privy ✨
We aim to make it as seamless as possible for crypto developers to onboard every user
In addition to our out-of-the-box UIs, we offer a headless experience for enterprise customers, allowing you to apply your own UIs using our hooks behind the scenes
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Woop woop!!!! So 👏 much 👏 to 👏 build 👏.
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We keep talking about Crypto x AI -- the future is now 😑
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Thank you so much for this 🙏! The most exciting part of our work is seeing a new consumer stack in web3 emerge and I'm thrilled to see this content making it easier to play with open infrastructure!
Bright things ahead 🌈
Take the complexity out of Web3 with social logins!
Check out my latest tutorial to master coding embedded wallets with
@privy
and have the tools to create the next
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An exciting time to have ears 🎧🌽👂🌾🦻
1/ Consumer Crypto Highlight of the Week 🏆
We're excited to celebrate a recent wave of activity happening in onchain music
Crypto helps address two of the biggest challenges in the music industry:
1⃣ Connections between artists and fans
2⃣ Limited value capture for artists
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This is super cool work from
@CL207
and the
@ManifoldTrading
team showing how users can reconstitute *their own* keys bypassing the FT UIs (to prevent front-running in this case).
This is done on your own account, for your keys, not with other users.
@CL207
Very cool work bypassing the UIs to prevent front-running!
What's happening here is you're using your device share and your auth'd account to reconstruct your key, and export your own wallet, essentially using the same system under the hood.
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👏👏👏 amazing team doing really novel work. And the food is great 😋
When we think of engaging consumer crypto apps built for mainstream users, we think of
@blackbird_xyz
Congrats to this INCREDIBLE team on today's announcement🐦⬛
We couldn't be more proud to be working with you all
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😍
Sona partnerships assembling the Avengers of accessible consumer crypto
@beam_cash
@privy_io
@coinbase
@sonastream
😮💨🙌
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I’m so excited to share what I’ve been working on these past months! I’m deeply thankful I get to work with
@asta_li
@benjreinhart
@dandy_davey
@_akuokojnr
@zacharyliu
and so many other amazing folks every day.
1/7 Hello, world! Meet Privy. Privy is a set of simple, powerful APIs to manage user data off-chain.
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Tune in :)!
On today's Web3 Galaxy Brain 🌌🧠
@privy_io
CEO & Co-Founder
@henri_stern
and I discuss:
- FriendTech's Privy embedded wallet setup in detail
- Embedded Wallets vs AA Smart Wallets
- Using MPC, HSM, and 3 Shamir shares to enable secure account recovery for self-custody wallets
-
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Some features are less flashy but make the whole experience of building so much smoother! We love those too.
Recapping callbacks support 📞🔙
Looking to integrate your app logic more tightly with the Privy SDK?
We've got you covered, including:
🔓 onLogin
🤝 onConnectWallet
🔒 onLogout
Learn more 👇
What other callbacks would devs like to see us build?!
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Love this so much! Got the chance to talk with
@_jaechung
of the
@ManifoldTrading
team who did some super impressive security work here to prevent front-running.
So excited to see investors like this taking an interest in what consumer crypto can be!
FriendTech is part of a wider thesis that we have been discussing at Manifold. We will be publishing a longer write-up in the future.
Previously, Web3 applications were focused on onboarding existing crypto-native / DeFi users who were already familiar with the crypto stack.
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Seeing traditional consumer ramps in crypto is the dream.
Core infra has come so far in 2023. We have a long way to go but the experience of building in crypto is changing, and with that the products we can build together 🤩!
1/ Scale in consumer crypto 📈
August has been a SUPER fun glimpse into what scaled web3 usage feels like
In the last few weeks, our systems:
🤝 Processed >56M network requests
🌎 Onboarded users from >150 countries
🔥 Handled >7K requests/min at peak
📞 Made >1B RPC calls
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Ici, c'est Paris!
Check out one of the smoothest minting experiences we've seen, built by our friends at
@nftplayground
No crypto experience or account funding required, thanks to embedded wallets and gasless txs ✨
So proud to be working with this awesome team!
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You don’t know what greatness sounds like until you’ve heard
@ankushswar1
speak!
Looking to learn more about how the
@Courtyard_NFT
marketplace works under the hood?!
Check out our Twitter Space at 2p ET, where we'll walk through how they make their real-world asset marketplace experience as seamless as possible for web3 newcomers!
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Amazing talk from
@jonwu_
from
@aztecnetwork
on self-policing and social norms in crypto. 🍑🍋🎲🚘
“We need to stop ramming ideology down users’ throats and focus on giving them actual options.” Preach.
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Huge! AA is moving so fast! 🏃♀️💨💨💨
We just released the first open-source benchmark for AA wallets! For the past month, we have used it to optimize the gas efficiency of Kernel.
Today, we are happy to share that Kernel 2.1 is now the most gas-optimized AA wallet! ⚡
Read more here:
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Launch day -- this is so important -- human readability ftw!
Say goodbye to 0x addresses
And hello to 𝙪𝙣𝙞.𝙚𝙩𝙝 – your unique web3 username 🦄
Your uni.eth is a readable username that makes it easy to receive crypto and build your web3 profile 🫡
Claim your uni.eth for free in the Uniswap mobile app ⤵️
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Physical assets onchain remains something magical to me! There's something really profound about having it be more than just a bytewise representation.
Excited for all the work going on in that space ⌚ 🍑 🃏 🚗 🏃 !
1/ Celebrating
@watchesio
⌚
Watches aims to simplify the process of tracking, trading, and purchasing luxury watches by bringing it onchain
It's a beautifully crafted product and one of the most exciting consumer apps in our market
Let's dive in!
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Loved chatting
@jaybird_nft
@KyleReidhead
! Thanks for having me on
@web3academy_
.
We have a long way to go but it's a fun time to build for crypto consumers 😍
How to Build a Great Onchain Consumer App
With
@henri_stern
from
@privy_io
.
Also out on Spotify, Apple Podcasts & YouTube (🔗 in bio):
@web3academy_
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😋
1/ Consumer Crypto Highlight of the Week 🏆
Today, we're excited to celebrate
@blackbird_xyz
, an onchain restaurant loyalty platform founded by Resy founder
@benleventhal
This amazing team is using blockchain infra to help restaurants deepen their relationships with guests
👇
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Major part of the stack being built by a great team 💪💪💪!
BirdChain™ is live
Couldn't be more excited to start sharing
@sina_eth_
and I's vision for accelerating Web3 ownership and verifiability
Just the beginning 🫡
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The worst kind of meta -- bots engaging with your content about bots... ergh
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Making it easier to spin up and prototype consumer products is key to web3's development. Having easy access to an onramp is a big part of that.
You can still integrate your on-ramp of choice with Privy, but now
@moonpay
works out of the box if you want it!
1/ ANNOUNCING Native Onramp Support 💳💳
Starting today, Privy gets you out-of-the-box support for simple account funding, powered by our partners at
@moonpay
!
Today's launch is a MASSIVE part of how we help users to experience product value faster, driving real activation 💪
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I'm playing
@cryptothegame_
May the best degen win😈
cc
@0xsmallbrain
-- reminds me of your work :D
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Love seeing this work -- this is how we build better UX!
Introducing 🔥🔑🏦
The easiest way to build crypto accounts without compromising usability, trust, or security.
Fully non-custodial. Powered by ERC-4337.
Built on
@BuildOnBase
🚀
/1
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You won’t want to miss this! Composability at work !
Upcoming drop, new marketplace – we've been busy 🏗️
Join us as we go under the hood w/
@privy_io
,
@gelatonetwork
,
@reservoir0x
& break down how we're bringing a web3 collecting experience
@onPolygon_
to anyone with an email & credit card
Set reminder👇
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A fantastic release from an amazing team that just keeps shipping!!!
🚀 Today
@FairmintCO
introduces Roll-Up Investments!
With Fairmint, you can now bundle all your angels, friends and family, SAFE investors, into one line on your cap table.
🧵
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So excited about this launch! Congrats
@Adimverse
team 👏!
It’s been a while… but we’re back with our biggest update to date. Plus, we got a makeover! 💅 *cue montage*
We’ve opened our doors so that now, anyone can have access to new tools to streamline their creative process on our story creation platform.
Let’s dive into what’s new.
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So proud of our investors on days like these
@sequoia
@shaunmmaguire
@josephinekchen
--
@ElectricCapital
@avichal
--
@archetypevc
@AshAEgan
very impressed watching you all work ✊!
Good luck out there everyone! Lots to build yet ;)💪
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We've got a long way to go 🙏.
Tradeoffs abound but shaping delightful UX without sacrificing self-custody is the game! Progressive on-ramps to a user-owned internet for people who come in all shapes and sizes.
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I’ve never been more ashamed.
Privy's out-of-the-box UIs are highly customizable, so you can even delight your wingdings users
*** not product advice ***
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I think Passkeys (hyperlocal, segregated) and AA (decentralized public) are both interesting sides of a coin for identity and key mgmt.
They will work together - I can't wait for passkey support cross-device outside of iOS (and cross-domain) to work so we can build it in prod!
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This is super cool!
update
#20
launched fren pet
@frenpetonbase
together with
@cadu_veloso
It's a tamagotchi game for mobile inspired by
@friendtech
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Progressive onboarding means your wallet changes to fit your needs as you interact with an app!
Wallets, like users, are not one size fits all! Excited to push a lot more on this! More soon™️ that's been in the works for a few months!
1/ Security is our top priority
Now developers can let users add a recovery password to secure their embedded wallets. This allows users to tune their wallets as they interact with your app
When using an embedded wallet on a new device, the password will be required for access
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Been a long time coming and here we are!
There’s a bright future ahead for composability, and the great folks over
@farcaster_xyz
keep pushing the envelope! 🌈
1/ Farcaster Integration, Part I
Few teams do more to show the power of crypto than
@farcaster_xyz
, and as happy users we're excited to integrate Privy more deeply with the protocol
We now support Sign in with Farcaster (SIWF) via a simple configuration change in the console!
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MEVBoost being a sidecar rather than client fork is a great example of protocol work feeding product work.
Conversely the emergence of Flashbots as a vector for adoption of Proposer Builder Separation.
The line between product and protocol continues to blur 🤔
👏👏👏 - 🤖⚡️
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Happy Monday!
Your weekly reminder that wallets, like people, should come in all shapes and sizes. Users have varied needs.
Tradeoffs are inevitable but let’s keep pushing the core tech to improve the UX of self-custody. 💪
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Fascinating emergent behavior
Vicious Self-Degradation
> you Google
> Quora spots query and id’s as frequent
> Quora uses ChatGPT to generate answer
> ChatGPT hallucinates
> Google picks up Quora answer as highest probability correct answer
> ChatGPT hallucination is now canonical Google answer
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Sorry for all my RTs :b
Thank you so much to
@shaunmmaguire
(who made this happen with
@ciaranoleary
)
@josephinekchen
@chadfowler
@AshAEgan
@grosen
(without whom
@asta_li
and I wouldn't have met)
@avichal
@puntium
@holdenbrad
for all your help these past months!
More soon!
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Buying tickets to
@EthCC
from a fresh wallet is a reminder of how much left we have to build:
- Transfer USDC to wallet
- Transfer ETH to wallet (to pay for bridging fees )
- Run Eth-Polygon transfer
Each w a ~10 min wait while the tickets sell out.
-> Paid w card 🤦
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This team ships. Patient and aggressive in all the right ways. Masterful and playing with the social graph to make new shapes online!
What a fun time to be on Farcaster
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Amazing write up from
@asta_li
-- threat models for complex systems are so hard to break down!
We have a lot to do here but very excited for us to explicit this thinking.
1/ On wallet threat models
Wallets come in many shapes and sizes. Some users need a "bank vault", others want the convenience of a “metrocard.”
The right shape depends on your usage but your wallet must always be secure for your setup. Today, we deep dive on threat modeling.
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See you in Denver!
Our first IRL event of the year is coming up this Wednesday: excited to reunite with all of you at Pragma Denver! 🏔️
🎟️ Grab your tickets:
Take a sneak peek at the faces and topics you'll be meeting and learning about 🧵
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We are finally a real company 🤩
1/ Announcing: The Privy Blog ✍️🎙️📹
We've been active on the content front over the last year and half, and with today's launch...
You can find EVERYTHING in one place: !
Check out some of our favorites 👇
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Thank you to our many supportive investors, not least
@sequoia
@blueyard
@archetypevc
@ElectricCapital
And our new ones...
@benleventhal
,
@Cooopahtroopa
,
@dwr
,
@fiiiu_
,
@ahnchrisj
,
@jtwald
,
@lisacuesta
,
@tarunchitra
,
@ryaneshea
,
@AlexMasmej
,
@andrewjiang
,...
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I am only now realizing Triangle of Sadness may have been a prophetic story about 2023 Burning Man all along!
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A wild, fun experience to tune into!
1/ Consumer Crypto Highlight of the Week 🏆
Today, we're excited to highlight
@unlonely_app
, a new onchain streaming experience that rewards both creators and viewers for their participation
Dive in to learn about one of today's most engaging consumer crypto apps 👇
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So proud to work with
@benleventhal
and
@blackbird_xyz
😋
Anonymized
@blackbird_xyz
diner profiles are now moving to Base mainnet. By "profiles" we mean wallets, each with a collection of soul-bound membership NFTs that will keep updating as time goes on. We believe this marks an exciting paradigm shift for how identity, connectivity,
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The day you learn that techniques developed by online marketers can also help with authentication security! 🍪🍪🍪
1/ On cookies
Cookies are central to the web: they help sites leave crumbs on a user's browser to cache/reuse data across sessions. They can be used to improve UX/security, but like any tech they can also be abused.
See how Privy uses cookies to build better, more secure UX 👇
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We believe web3 has much to learn from best practices in design and UX the web-over, but that conversely ignoring web3 idiosyncrasies when crafting a product likely means missing the point of this new stack altogether.
Here's a peek at how we build
@privy
(from an internal doc)
1/ Last week, we announced our Series A!
One of our core priorities is to hire so we can reshape the web3 stack. We're currently looking for:
🎨 A product designer
🔒 A senior security engineer
🥞 A full stack engineer
Want to get a sense of what it’s like to work at Privy? 👇
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