[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Moolah [@moolah_s](/creator/twitter/moolah_s) on x 1401 followers Created: 2025-07-11 20:21:08 UTC Why does @NEARProtocol use Multi-Party Computation (MPC)? It brings a change to how we think about blockchain security and interoperability. A Multi-Party Computation wallet is a type of wallet that uses cryptographic techniques to distribute the control of private keys across multiple parties, rather than storing a single private key in one location. Non MPC wallets store one private key that controls your assets in a location. If you lose this key, you lose access to your crypto. How Does MPC Work? MPC wallets split the private key into multiple shares across different parties. To sign a transaction, these parties collaborate using cryptographic protocols to create a valid signature without ever reconstructing the complete private key. They all collectively validate that they have their share of your key without showing it. NEAR’s MPC is implemented through its chain signatures protocol. A majority of validators collaborate to sign transactions, even for external blockchains like Ethereum or Bitcoin. They use a special technique to generate signatures without exposing or reconstructing your private key. This keeps your assets safe. Hence, it lowers the risk of it being lost. Halt to bridging incidents. To prevent cross-chain asset loss, NEAR's MPC lets validators collectively sign transactions on other chains without exposing your private keys. Chain abstraction. MPC allows for smooth cross-chain transactions where users don't even know they are interacting with multiple blockchains. One interface, endless possibilities. MPC is designed for privacy. $NEAR's MPC is the layer of cross-chain transactions and why it's leading the race in the AI sector of blockchain. Have you used @NEARMobile_app? If not, sign up!  XXX engagements  **Related Topics** [coins wallets](/topic/coins-wallets) [coins interoperability](/topic/coins-interoperability) [blockchain](/topic/blockchain) [nearprotocol](/topic/nearprotocol) [moolah](/topic/moolah) [Post Link](https://x.com/moolah_s/status/1943767536111431809)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Moolah @moolah_s on x 1401 followers
Created: 2025-07-11 20:21:08 UTC
Why does @NEARProtocol use Multi-Party Computation (MPC)?
It brings a change to how we think about blockchain security and interoperability.
A Multi-Party Computation wallet is a type of wallet that uses cryptographic techniques to distribute the control of private keys across multiple parties, rather than storing a single private key in one location.
Non MPC wallets store one private key that controls your assets in a location. If you lose this key, you lose access to your crypto.
How Does MPC Work?
MPC wallets split the private key into multiple shares across different parties. To sign a transaction, these parties collaborate using cryptographic protocols to create a valid signature without ever reconstructing the complete private key.
They all collectively validate that they have their share of your key without showing it.
NEAR’s MPC is implemented through its chain signatures protocol. A majority of validators collaborate to sign transactions, even for external blockchains like Ethereum or Bitcoin.
They use a special technique to generate signatures without exposing or reconstructing your private key. This keeps your assets safe.
Hence, it lowers the risk of it being lost.
Halt to bridging incidents. To prevent cross-chain asset loss, NEAR's MPC lets validators collectively sign transactions on other chains without exposing your private keys.
Chain abstraction. MPC allows for smooth cross-chain transactions where users don't even know they are interacting with multiple blockchains.
One interface, endless possibilities.
MPC is designed for privacy.
$NEAR's MPC is the layer of cross-chain transactions and why it's leading the race in the AI sector of blockchain.
Have you used @NEARMobile_app? If not, sign up!
XXX engagements
Related Topics coins wallets coins interoperability blockchain nearprotocol moolah