Wallet security What Is Encryption In Data Security and Why Is it Important For Your Crypto Wallet? encryption converts plain, readable data into an unreadable format using a specific algorithm or method. This transformation is reversible only for those who possess the decryption key, making it an essential tool for protecting sensitive information.
Multi-Party Computation What Are Multi-Party Computation (MPC) Wallets? with multi-party encryption, custodial wallet providers can enhance security measures by dividing private keys and sensitive data into multiple shares, ensuring that no single entity possesses full control. This decentralized approach not only reduces the risk of insider threats
