From $5B to $1T in 7 years!
The growth of #cryptocurrency is unstoppable, but managing a #crypto treasury is no walk in the park.
Learn about the challenges and solutions faced in managing, securing & operating them for business. #massadoption#WEB3
https://t.co/7sbyjDEUn4
Are you familiar with multi-party computation (MPC) wallets? 🧐
MPC wallets are #crypto wallets using MPC technology to manage & store users’ assets securely.
Let’s take a deeper look at MPC and how to choose the right one for secure crypto storage.🔐 https://t.co/HIE25wwZU6
For teams and builders working on driving development in the web3 sector, an essential service that many will be familiar with is Gnosis, now known as Safe. Don’t know what we are talking about? That’s alright, we have you covered in our article below.
https://t.co/fC2Yky1otj
@Priori_Capital@DeutscheBank The trust of banks now shakes hands with the trustlessness of crypto. Like @mtpelerin has setup crypto custody solution using trustless MPC solution of @dfnsHQ
This is, of course, not a magical solution that will bring about ubiquitous crypto use. Every organization has its own needs. Have a look at our blog on safe crypto asset storage to get thinking about what is right for your organization https://t.co/0DxbfJXn5c
How do you store your #cryptocurrency? Whether it's your own crypto or managing funds for a team, here's the Priori handbook on how to keep your precious digital assets safe.
https://t.co/spSsT6TzgG
Last month’s announcement of @DeutscheBank pursuing digital asset licenses is the latest in a long chain of established financial institutions moving into crypto
Getting these services through the setup of a respected bank adds a level of trust that few in the industry can claim to possess. This can go a long way towards addressing the fears of those who have funds to invest but are skeptical of new markets.
How do you store your #cryptocurrency? Whether it's your own crypto or managing funds for a team, here's the Priori handbook on how to keep your precious digital assets safe.
https://t.co/spSsT6TzgG
Crypto may not be dominating the airwaves like in bull markets gone by, but take a look at what is being built on just a single chain (@0xPolygonLabs). Builders, keep at it.
"Work hard in silence, let your success make noise"
- Frank Ocean
@ZenGo@silentauth And lastly, the needs of an individual holder will vary from that of a team. Some organizations and institutions would prefer to have certain actions take place off-chain. Smart contract wallets are simply unable to offer this.
Hi @VitalikButerin, you’ve raised some interesting points about the general state of MPC-based EOAs. However, the narrative around this technology is being painted with too wide a brush, and it all depends on how it is being applied. 1/4
@yugacohler MPC-based EOAs are fundamentally flawed because they cannot revoke keys (and no, re-sharing doesn't count; the old holders can still recover the key). Smart contract wallets are the only option.
As with many new services offered by the likes of @ZenGo, Webauth and @silentauth, a fresh set of key shares is made for the quorum. The way key sharing and rotation occurs eliminates any risk of revealing the private key. 3/4