Is MPC technology secure?

Granted, the term "secure" can be subjective, but we believe the solutions powered by MPC technology are extremely secure.

The key benefit of MPC technology is that it eliminates a single point of failure, which means that even if a malicious actor were to break into a single MPC node, they would have no way of knowing the entire targeted dataset.

This is also the philosophy adopted by the Bitcoin community. To hack the Bitcoin network, one must have the skills to organize a coup against the network, which includes hundreds of thousands of computers owned by an equally large, distributed number of people.

Similarly, in order to gain complete control of an MPC-protected wallet, they would theoretically need to launch a simultaneous attack on all parties who own Shares. For example, if there are ten nodes and the threshold for signing a transaction is five, attackers would need to break into six of them and steal the key shares. This is complicated by proactive security measures such as key rotation, which automatically moves sensitive private key material between nodes.