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Nick Farrow

Nick Farrow

Australian Bitcoin engineer and co-founder of Frostsnap, a Bitcoin self-custody hardware wallet, known for his work on FROST, SatSale, and the utxo.club project.

Sep 22, 2026

41:07
Nick, some overall thoughts.
41:09
Yeah, a lot of what you said I agree with.
41:11
I was really taken aback by how, for the first time in a very long time, if maybe ever, a video game movie, or a movie based on a video game property at least, felt like a video game.
41:27
Like it really did feel like for the first time, normally these things feel morally like, Oh, it's like watching a two hour long cut scene that you don't get to interact with.
41:37
And it's just kind of boring because the cut scenes are usually just exposition.
41:41
And it's not really, this was exactly the opposite of that.
41:44
Like there were moments where I, I felt like I was back playing the games.

23 MINS LATER

64:32
videos uh yeah yeah anyways that's on prime last one laughing uk and there is a us uh version in the works but it'll probably be a couple years before that's Okay, nice.
7:26
Okay.
7:26
Okay? But it's not helping that you're trying to finagle it through different layers, right? So the, the C code just does things that no cryptographer would do.
7:35
Like, like I said, it would be pristine, it would be the most cleanest thing, you know, in y- your code base is how this seeds go from, right from the hardware to the seed words.
7:48
And ins- instead it's like these weird loops where you're, you're pulling words out and putting into, like...
7:54
Pulling words out of a chip.
7:56
It seems like it's using the chip, so that's what everyone looks like.
7:58
It loo- all looks like it's using the chip, but then it's put- it's like randomly mixing with Yasmin RNG.

1 HR 1 MIN LATER

68:38
Mm-hmm.
9:13
I know you've been working on Frostnap for a while now, but kind of where are things right now with Frostnap?
9:18
Yeah.
9:18
So we started shipping devices in October last year.
9:23
So we've got a bunch of happy people who now have their life savings outside of their home.
9:29
So it's really a big problem that we saw in Bitcoin was Bitcoin is really going all in on Bitcoin and then having their life savings stored at their house and they can spend it in two minutes.
9:42
It's not only risky for themselves and the fact that maybe you just make a stupid decision.
9:47
Like someone says, Stefan messaged me on Telegram and says, I need quick one Bitcoin to buy some mining hardware or something.
10:49
So talk us through what does it look like nowadays for the setup and the signing aspects.

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