MPC (Multi-Party Computation)

MPC technology enables multiple parties to collaborate on computational tasks without exposing their individual data, ensuring the privacy and security of user data. Specifically, MPC can:

• Private Key Fragments: The private key is divided into several fragments, with each fragment held by different parties. Only when all parties collaborate can a valid signature be generated, greatly reducing the risk of private key theft.

• Hidden Signatures: The MPC wallet appears as a single wallet address on the blockchain. However, the actual distributed signature calculation takes place off-chain, ensuring the privacy of the signing process.

• Flexibility and Scalability: MPC wallets allow for ongoing modification and maintenance of the signing scheme without creating a new wallet or transferring funds, reducing the risk of accidental loss due to key operation changes.