What is MPC and how does it work?
Multi-Party Computation (MPC) is a cryptographic technique that enables secure management of private keys in wallets without relying on a single point of failure. It allows multiple parties to jointly perform cryptographic functions while keeping their individual inputs confidential.
Input Splitting
In the GenZ wallet, each user’s private key is divided into multiple encrypted shares. No single device or server has access to the entire key, enhancing security.
No Key Reconstruction
Unlike traditional wallets that rely on a single private key, GenZ’s MPC technology ensures that no single key is ever fully generated or reconstructed, significantly reducing the risk of key exposure or theft.
Output Generation
After the necessary computations, the encrypted shares are combined to produce the final output—such as a signed transaction—without revealing any individual shares, keeping your private information secure.
Enhanced Security
GenZ's design protects against both key theft and loss. With no single private key to steal and the ability to back up each share independently, your assets are safeguarded against various threats, offering peace of mind for users.
What makes MPC a better user experience
compared to a seed phrase wallet
Features
MPC Wallets
Seed Phrase Wallets
Features
Access Method
Security
Recovery Process
User Interface
Phishing Protection
Accessibility
MPC Wallets
Uses secret shares
No single point of failure
Multiple authentication factors
Intuitive and user-friendly
Lower risk; no single phrase to target
Designed for a broader audience
Seed Phrase Wallets
Requires memorization of a seed phrase
Vulnerable to loss or theft of seed phrase
Single recovery phrase
Varies; can be complex for some users
Higher risk due to targetable phrase
May require technical knowledge
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Proof Security
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