Bitget Wallet launches MPC wallet, utilizing an enterprise-level MPC solution to ensure security and convenience

ChainCatcher news, Bitget Wallet (formerly BitKeep) has launched an MPC (Multi-Party Computation) wallet. It is reported that this wallet adopts an enterprise-level MPC solution, strictly operating the MPC protocol with the highest security standards. Using a 2/3 private key sharding model, it generates a dedicated distributed key for each user without the presence of a complete private key, and performs distributed storage according to the industry's highest security standards. Users no longer need to manage complex mnemonic phrases/private keys; they can simply create a wallet using their email and complete cloud backup via Google Drive or iCloud, greatly simplifying the wallet creation and usage process, avoiding the single point of failure risk caused by the leakage of mnemonic phrases/private keys, and providing users with a safer and more convenient wallet service.