Multi-Party Computation (MPC) 101

Intro to MPC

https://www.researchgate.net/figure/Millionaires-problem_fig1_320290997
Axelar Network: Security Measures

Multi-sig vs. MPC

https://docs.gnosis-safe.io/introduction/the-programmable-account/eoas-vs.-contract-accounts

A multi-sig wallet will create distinct signatures using distinct private keys, while MPC is a single signature from multiple shares of a private key.

“ A MPC-powered wallet (we call them dApp wallets), can support anything and everything a normal self-custody wallet can. Not just sending, receiving and trading, but also using dApps, DEXes, storing and trading NFTs, voting in governance, yield farming, web3 games, etc.”

https://gnosis-safe.io/static/df5a5bc44d16189df7e6b1cc9556a685/bc8e0/multisig.png

MPC In Use

https://zengo.com/a-deep-dive-into-zengo-guaranteed-access-solution/

Conclusion

Sources & Further Reading

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