MPC security utilizes Multi-Party Computation, a cryptographic technique enabling several parties to jointly compute a function over their private inputs without revealing those inputs. In security contexts, it protects sensitive data like private keys by distributing their control among multiple, independent entities. This method enhances data confidentiality and system integrity.
Context
MPC security is increasingly recognized as a robust solution for securing digital assets, particularly for institutional custodians and large enterprises. It mitigates single points of failure associated with traditional private key management. The application of MPC continues to expand, addressing challenges in secure data sharing and confidential transactions across various blockchain applications.
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