Binance hopes to treatment that with multi-party computation (MPC), which removes the necessity for customers to memorize seed phrases with out compromising the advantages of safety and self-custody. MPC entails a non-public key being damaged up into three elements referred to as key shares, with two of the three key shares being managed by the pockets proprietor.
Crypto Change Binance Rolls Out Its First Ever Self-Custody Web3 Pockets
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