MPCs in a Protocol Treasury and Operational Context
Trust, Don't Verify!
Multiparty Computation (MPC) wallets are commonly used in DeFi, offering robust security and flexible key sharing. Unlike multisigs, which display cosigners and thresholds, MPCs appear as EOAs on blockchain explorers.
In this research, we explore the fundamentals of MPC wallets, provide a practical framework for evaluating MPCs in a Protocol Treasury and Operational Context, chart recommendations for the future, and highlight best practices for secure implementation.