Archived Content from Web3Auth Community
This topic was originally posted by shahbaz on 3/28/2024.
This content has been migrated from our previous community forum to preserve valuable discussions.
Multi-Party Computation (MPC) has proven to be one of the most utilized methods for securing crypto wallets. It has supported various functionalities especially in Distributed Key Management, where it practically enabled beginner-friendly ways to access and use keys for crypto wallets. This is why the technology has gained popularity among providers of embedded wallets, Wallet-as-a-Service (WaaS), and crypto platforms—they all use the same MPC mechanism, wherein shares of the key are stored in different locations, and T out of N (T/N) shares are needed to construct a valid signature.
This is a companion discussion topic for the original entry at https://blog.web3auth.io/mpc-embedded-wallet-comparison