While exploring account abstraction, we want to introduce multiparty computation (#MPC) wallets and they can work in conjunction with #AA.
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Lit leverages multi-party computation (#MPC) to provide a blockchain-independent middleware layer that enables secure reading and writing of data between #blockchains and off-chain platforms.
An overview of account #abstraction, smart contract accounts, and #MPC
#MPC allows for authorization processes to occur outside of the #blockchain, the underlying key generation and signing rely on #cryptography off-chain.
Despite this abstraction, users will need a solid understanding of #blockchain #technology to use #MPC wallets securely.
This composable nature of #MPC makes it a versatile #cross-chain #technology.
For example, #MPC can work with various #blockchain networks that utilize elliptic curve signatures, including but not limited to #Bitcoin.
For example, #MPC can work with various #blockchain networks that utilize elliptic curve signatures, including but not limited to #Bitcoin.
This composable nature of #MPC makes it a versatile #cross-chain #technology.
Despite this abstraction, users will need a solid understanding of #blockchain #technology to use #MPC wallets securely.
#MPC allows for authorization processes to occur outside of the #blockchain, the underlying key generation and signing rely on #cryptography off-chain.
An overview of account #abstraction, smart contract accounts, and #MPC
Lit leverages multi-party computation (#MPC) to provide a blockchain-independent middleware layer that enables secure reading and writing of data between #blockchains and off-chain platforms.
For example, #MPC can work with various #blockchain networks that utilize elliptic curve signatures, including but not limited to #Bitcoin.
This composable nature of #MPC makes it a versatile #cross-chain #technology.
Despite this abstraction, users will need a solid understanding of #blockchain #technology to use #MPC wallets securely.
#MPC allows for authorization processes to occur outside of the #blockchain, the underlying key generation and signing rely on #cryptography off-chain.
An overview of account #abstraction, smart contract accounts, and #MPC
Lit leverages multi-party computation (#MPC) to provide a blockchain-independent middleware layer that enables secure reading and writing of data between #blockchains and off-chain platforms.
For example, #MPC can work with various #blockchain networks that utilize elliptic curve signatures, including but not limited to #Bitcoin.
This composable nature of #MPC makes it a versatile #cross-chain #technology.
Despite this abstraction, users will need a solid understanding of #blockchain #technology to use #MPC wallets securely.