Multi-Party Computation (MPC) Custody - Delegated Custody Lit Protocol (Coming soon)

MPC custody employs advanced cryptographic techniques to secure users’ digital assets without the need for a single, centralized authority. MPC custody uses a threshold-based approach that requires a quorum of key shares to authorize transactions, making it significantly more secure than traditional single-key custody solutions. By distributing key shares across multiple parties and using complex cryptographic algorithms, MPC custody ensures that no single party can access users’ digital assets without proper authorization.

Our delegated custody solution offered through Lit Protocol provides users with an additional layer of security by allowing them to delegate key management to trusted third parties. This enables users to retain control over their assets while also benefiting from the expertise and security measures of established custodians.

By combining the security benefits of MPC custody with the flexibility and convenience of delegated custody solutions, Streambird’s MPC wallet provides a comprehensive solution for secure asset storage and management. With this cutting-edge technology, users can rest assured that their digital assets are protected by the most advanced security measures available in the industry.