Jameson Lopp, Co-founder and CTO of Casa, has shared light on his journey into the cryptocurrency space, why he chose to focus on crypto security, and how solving the basic issue of Bitcoin can help drive mainstream adoption of the digital currency.
The Bitcoin veteran made this known during a recent interview with Web 3, a podcast series hosted by Outlier Ventures founder and CEO, Jamie Burke.
Solving Bitcoin’s basic issue with Casa
Many firms are more focused on building different crypto-related projects that do not address the issues associated with crypto “private key management.” Casa, on the other hand, is more focused on solving this “basic issue,” including improving users’ self-sovereignty, as it could boost the mainstream adoption of Bitcoin, Lopp added.
However, as Bitcoin payments now utilize Lightning Network, Casa has improved over time from these basic security protocols to adopt more cutting-edge measures to enhance users’ protection.
When quizzed about how Casa was able to combine both hardware and software solutions to secure users’ funds, Lopp noted that the system was built to be robust so that users’ mistakes will not be catastrophic.
The firm’s hardware solution adds an extra security layer, which gives users the room to validate their transactions, in order to eliminate malefactors from defrauding them.
This, according to Lopp, gives Casa a divergent customer base, as some users indicated interests in private key management, while others are focused on addressing the concerns associated with lightning network technology.
Despite the enormous opportunities available to crypto-related firms, there are also challenges that these firms must tackle.
For Casa, its greatest challenge has always been how to build security systems that will help improve users’ security without compromising their trust in the system, Lopp said.
However, Casa has adopted a theme to address these fears: “We are not here to hold your keys; we are here to hold your hands.”
Jameson Lopp noted that even though he did not begin his career in the crypto industry, his experiences as a computer engineer and digital marketer was a means to an end, as it contributed immensely to his journey into the crypto space.
According to Lopp, the moment he became interested in Bitcoin (BTC), he started building several crypto-related projects on a part-time basis, hoping that more investors would come into the industry, to venture fully into the industry.
Having worked with Bitgo in the past, Lopp went on to Co-found Casa, a leading provider of Bitcoin multi-sign key security, to address the industry’s fundamental concerns.
Founded in 2018, Casa has provided solutions to most problems in the crypto space, especially addressing the most pressing questions asked by Bitcoin (BTC) holders regarding what would happen to their coins when they die.