Shamir's Secret Sharing: Why Is It NOT MPC for PrivateKeys?

$ 18.00

4.9
(764)
In stock
Description

Shamir's Secret Sharing is often used for private key management, but has low robustness & security. This makes it dangerous for users' assets.
Private keys (and, to some extent, seed phrases) can be daunting to manage for non-tech-savvy users. And, even for knowledgeable ones, the perspective of securely storing keys forever might be overwhelming, even if they embrace the idea of self-custody. This specific need created a market of its own, leading to the development of different tools.  The most popular way to solve this problem is via Wallet-as-a-Service (WaaS) solutions, allowing users to create wallets directly embedded in dApps

Secret sharing: A comprehensive survey, taxonomy and applications - ScienceDirect

Safer Private Keys With Shamir's Secret Sharing

shamir-secret-sharing · GitHub Topics · GitHub

What is the Threshold signature scheme(TSS)? Multi-party Computation(MPC) simplified

How do the vulnerabilities in cryptographic multi-party computation (MPC) protocols impact wallet providers? - Quora

What are the key factors to consider when choosing a WaaS provider

Ethan F. on LinkedIn: There are no true experts in Web3. What do I

What is the Threshold signature scheme(TSS)? Multi-party Computation(MPC) simplified

Bringing BTC on Ethereum - Kerman Kohli

Ethan F. on LinkedIn: Tomorrow is the last full day I'll be here

Multisig vs. Shamir's vs. MPC: Institutional-grade bitcoin custody

Curv MPC is Not Key Sharding. Questions to ask your wallet provider…, by William Herkelrath