---
title: "The Death of the Password: Atakama's Cryptography"
url: https://stacklist.com/card/ac07e6e1-1e49-446d-8c59-600d0d7015f4
source_url: "https://www.codestory.co/episodes/s4-e19-the-death-of-the-password-how-atakama-engineered-threshold-cryptography-with-daniel-gallancy/"
stack: https://stacklist.com/c/podcast/stack/fec60e9c-742b-444c-add8-c9302a96c479
summary: "Code Story podcast episode S4 E19 features Daniel Gallancy discussing how he left the hedge fund world to co-found Atakama, a company applying distributed key management from the crypto space to build threshold cryptography solutions. The episode covers his journey from discovering Bitcoin in 2011 to engineering password-free security technology outside the blockchain world."
tags: "threshold-cryptography, startup, podcast, password-security, distributed-key-management, cryptocurrency, entrepreneurship"
key_entities: "Daniel Gallancy (person), Noah Labhart (person), Atakama (organization), Code Story (organization), Threshold Cryptography (concept), Distributed Key Management (concept), Bitcoin (technology), Initial Coin Offerings (concept), RedCircle (organization), Squadcast (organization)"
classification: "transcript"
content_hash: "sha256:5ca1c435089bf1dc0c8f288c0379d94de6df5170281b5600a90d0eb98356f532"
acp_version: "0.2"
token_counts_approximate: 668
visibility: public
agent_accessible: true
status: "final"
---

# The Death of the Password: Atakama's Cryptography

Code Story | Startup Podcast for Technical Founders — S4 E19: The Death of the Password: How Atakama Engineered Threshold Cryptography with Daniel Gallancy Press Play to Listen While You Browse S4 E19: The Death of the Password: How Atakama Engineered Threshold Cryptography with Daniel Gallancy Code Story | Startup Podcast for Technical Founders 0:00 26:59 1× Daniel Gallancy is a husband and father to an 18 month old son. He studied electrical engineering and physics in school, but ended up working in finance, doing diligence on tech companies for an investment fund. In 2011, he discovered bitcoin and became enamored with the concept. At that time, he bought 1 whole bitcoin for $4 dollars. Looking back, he obviously wishes he would have bought more. We got into an interesting conversation about ICO's - initial coin offerings - and tokens in general, around how companies drive up the value of said tokens through usage, rather than business profit. In his words, he saw the ICO world as a regulatory arbitrage, which didn't make for a good investment, but did make an interesting story. In 2013, he decided to leave the hedge fund world - IE his nice cushy job - and pursue something in the crypto world. Ultimately, he realized that some of the more interesting concepts being used in crypto - specifically, distributed key management - could be used in solutions outside of the block chain world. In a discussion with his co-founder, they figured out that solutions like this didn't exist, and that they wanted to build it. This is the creation story of Atakama . Sponsors Acton Children's Business Fair ProdPerfect Links Website: https://www.atakama.com/ LinkedIn: https://www.linkedin.com/in/gallancy/ Leave us a review on Apple Podcasts Amazing tools we use: This podcast is hosted on RedCircle , a FREE platform for podcasts and brands to scale their message. Want to record your remote interviews with class? Then, you need to use Squadcast . Code Story uses the 1-click product ClipGain , sign up now to get 3hrs of podcast processing time FREE If you want an amazing publishing platform for your podcast, with amazing support & people – use Transistor.fm Credits: Code Story is hosted and produced by Noah Labhart. Be sure to subscribe on Apple Podcasts , Spotify , Pocket Casts , Google Play , Breaker , Youtube , or the podcasting app of your choice. Checkout our episode stacks on Stacklist! https://stacks.codestory.co/ Hosted by Noah Labhart | Technical Founder & Startup Mentor. Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy Latest Season of the Podcast is Sponsored By