Pavol Rusnák

Co-founder · CTO

Co-founder of SatoshiLabs, publicly known as Stick, and a contributor to the seed phrase and derivation path standards the hardware wallet industry uses.

Pavol Rusnák, who uses the handle Stick alongside his own name, is the Pavol in SatoshiLabs' account of its own origin: "Pavol and Marek meet at brmlab hackerspace Prague in 2011 and the story of SatoshiLabs begins." SatoshiLabs' site poses the same question as a heading, "How did Stick and Slush start this entire thing?"

He was a co-founder of the company that shipped the first Bitcoin hardware wallet, and the technical work behind it produced standards rather than only a product. SatoshiLabs lists BIP39 and BIP44 among its innovations, describing them as "industry-wide standards for improved HW wallet usability, security, and user experience", and counts more than 25 BIPs and SLIPs to the group's name.

Those standards are the reason a recovery phrase written down for one vendor's device restores on another's.

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