An MPC (Multi-Party Computation) wallet is a highly secure digital wallet that uses advanced cryptographic techniques to safeguard private keys. Unlike traditional wallets, where a single key is stored and used for transactions, MPC wallets split the private key into multiple parts across different devices or parties. These parts never come together in one place, ensuring enhanced security. MPC wallet are commonly used in blockchain and cryptocurrency platforms, offering protection against hacking and unauthorized access while maintaining ease of use for users.
Andrew Thomas
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What is an MPC Wallet?
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