Threshold MPC

Definition ∞ Threshold MPC, or Threshold Multi-Party Computation, is a cryptographic technique that distributes a secret or a computation among multiple independent parties. It requires a predetermined minimum number of these parties, a threshold, to collaborate to reconstruct the secret or complete the computation. This method eliminates single points of failure.
Context ∞ Threshold MPC is gaining prominence in news related to secure digital asset management, decentralized key custody, and privacy-preserving computations. Its ability to enhance security by distributing control makes it a significant development for institutional adoption of cryptocurrencies and for protecting sensitive on-chain operations. This technology is critical for robust cryptographic security in decentralized systems.