Shamir's Secret Sharing: Why Is It NOT MPC for PrivateKeys?
Shamir's Secret Sharing is often used for private key management, but has low robustness & security. This makes it dangerous for users' assets.
Private keys (and, to some extent, seed phrases) can be daunting to manage for non-tech-savvy users. And, even for knowledgeable ones, the perspective of securely storing keys forever might be overwhelming, even if they embrace the idea of self-custody. This specific need created a market of its own, leading to the development of different tools.
The most popular way to solve this problem is via Wallet-as-a-Service (WaaS) solutions, allowing users to create wallets directly embedded in dApps
An overview of Multi-Signature and Multi-Party Computation
What is Multi-Party Computation (MPC)?
Secure Multiparty Computation (MPC) for Enterprises - Sepior
shamir-secret-sharing · GitHub Topics · GitHub
Number of communication rounds for SMPC password matching considering
Ethan F. on LinkedIn: TABASCO on Twitter
What are MPC-based wallets in blockchain? – Fuxing Loh
Sharanjeet Singh (@sj_singh) / X
Managing Private Keys with MPC and Custodians - Cactus Custody Blog
Ethan F. on LinkedIn: Shamir's Secret Sharing: Why Is It NOT MPC for PrivateKeys?
What Is Multi-Party Computation (MPC) in Blockchain?
What are the key factors to consider when choosing a WaaS provider
Secret sharing - Wikipedia
Cregis - Self-hosted digital asset enterprise wallet