TLDR:
Bitget, the world’s leading cryptocurrency exchange and Web3 company, has upgraded its platform wallets with Multi-Party Computation (MPC) security technology. This upgrade enhances the security of users’ wallet addresses and incorporates cutting-edge technologies such as the Threshold Signature Scheme (TSS) and Trusted Execution Environment (TEE).
The key elements of the article include:
- Bitget has upgraded its platform wallet security with MPC technology, introducing a paradigm shift in security standards.
- The implementation of multi-party distributed computing, homomorphic encryption, and Trusted Execution Environment (TEE) fortifies the overall resilience and confidentiality of the wallet.
- Bitget’s commitment to security extends to the generation and signing of transactions, utilizing distributed key generation and collaborative signature protocols.
- Gracy Chen, Managing Director at Bitget, emphasizes the company’s dedication to user security and commitment to providing a reliable platform.
- This upgrade follows Bitget’s previous implementation of MPC technology in its wallet, enhancing security measures and protecting users’ digital assets.
- Bitget is a leading cryptocurrency exchange and web3 company, serving over 20 million users in 100+ countries and regions. It offers a range of comprehensive Web3 solutions and features through its Bitget Wallet.