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An MPC (Multi-Party Computation) wallet is a type of crypto wallet where the private key is never created in a single place. Instead, it’s split into multiple key shares held by different parties or devices. These shares collaboratively sign transactions without revealing or reconstructing the full private key at any point.
This differs from traditional wallets (hot, cold, or hardware) where a single point of failure (the private key) can compromise the entire wallet.
For startups launching any crypto-related platform, MPC wallet creation eliminates the risks of key theft or loss, offering robust security while maintaining usability.