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mpc

Multi-party computation (MPC) is a cryptographic technique that allows multiple parties to jointly compute the output of a function without revealing their individual private inputs. MPC is used in the fields of blockchain and cryptocurrency to enhance privacy and security, especially in decentralized finance (DeFi) and privacy-preserving protocols. Its applications include private key management, privacy transactions, and multi-signatures, among others.
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first_img Coinbase plans post-quantum Bitcoin custody, compatible with various signature schemes

Coinbase Chief Cryptographer Yehuda Lindell stated on the MARA Foundation TV program that the exchange is designing a custody system capable of adapting to any post-quantum signature scheme that Bitcoin may adopt in the future. It is currently unclear which post-quantum signature scheme Bitcoin will use in practical applications. Lindell believes it is unlikely that a single signature scheme will be universally adopted, so preparations must be made for different outcomes across various blockchains.Coinbase is custodian for approximately $250 billion in assets for institutions such as BlackRock. Traditional Multi-Party Computation (MPC) relies on key sharding, but many post-quantum signature schemes may be "not friendly to MPC"; for example, hash-based signatures lack the arithmetic structure required for traditional cryptographic key splitting. Although cryptographers like Dan Boneh are researching relevant solutions, this research is still in a highly experimental phase, and it remains uncertain whether a viable MPC-like solution for hash signatures can be developed.To this end, Coinbase is exploring a backup architecture centered around programmable Hardware Security Modules (HSM), where private keys will be encrypted with post-quantum cryptography and assembled only within physically secure HSMs. Lindell stated that while the completion timeline is uncertain, once finished, "I will be able to say, I can support any scheme," without worrying about a blockchain adopting a signature scheme that it cannot support.

Cactus Custody launches institutional-grade self-custody MPC, empowering asset autonomy and compliance security

Cactus Custody announced that its self-custody MPC (Multi-Party Computation) solution is officially launched. As a custody brand under Matrixport, Cactus holds a Hong Kong Trust TCSP license and has served numerous industry-renowned clients such as RedotPay, Fosun Wealth Holdings, and TDTC.As the Web3 industry matures, institutional clients are increasingly inclined to gain autonomy in custody while demanding the robust security infrastructure provided by third-party custodians. Cactus Custody's MPC solution cleverly bridges this gap by combining cutting-edge Intel SGX TEE (Trusted Execution Environment) with an institution-centric risk management engine.The core security cornerstone of the platform is the advanced MPC-TSS (Threshold Signature Scheme). Through this technology, private key shards are independently generated by multiple parties and jointly managed by devices controlled by Cactus and the clients. This architecture effectively eliminates the risk of "single points of failure," ensuring that no party can unilaterally transfer funds, thereby providing clients with absolute asset sovereignty and peace of mind.Cactus Custody CEO Daniel Lee commented, "Our new MPC solution is designed for institutions that prefer to manage assets directly while requiring secure and compliant infrastructure. By providing a compliant, flexible, and secure platform, we empower clients to flexibly and fully autonomously scale their digital asset businesses."
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