SafeHeron and MetaMask Team Up to Launch MPC Wallet by June 2023

04/15/2023 04:24 • Metaverse Matters • 115 views

On April 15th, Safeheron, a one-stop open source self hosted service provider, announced at the 2023 Hong Kong Web3 Carnival that it plans to collaborate with MetaMask to launch an MPC wallet by the end of June 2023.

Safeheron and MetaMask plan to collaborate to launch MPC wallets in June

Introduction

On April 15th, SafeHeron announced at the 2023 Hong Kong Web3 Carnival that it plans to work with MetaMask to create an MPC wallet that will be launched by the end of June 2023. This collaboration between two open source self hosted service providers is set to revolutionize the way users interact with blockchain, crypto and digital assets.

What is SafeHeron?

SafeHeron is a one-stop open source self hosted service provider, offering a wide range of solutions for businesses and individuals in the blockchain and crypto space. Its goal is to provide a secure and user-friendly environment where users can easily manage their digital assets.

What is MetaMask?

MetaMask is a browser extension and mobile wallet that allows users to interact with the Ethereum network. It enables users to store and manage their digital assets, as well as access decentralized applications (dapps) on the Ethereum network.

What is an MPC wallet?

MPC stands for multi-party computation, which is a cryptographic technology that allows a group of parties to jointly compute a function, while keeping their inputs private. An MPC wallet is a type of wallet that uses this technology to secure users’ private keys and prevent unauthorized access to their digital assets.

The Benefits of MPC Wallets

MPC wallets offer a number of advantages over traditional wallets. They are more secure, as they use multi-party computation to prevent unauthorized access to users’ private keys. They are also more user-friendly, as they eliminate the need for users to remember complex passwords or backup phrases.

What to Expect from the Collaboration

The collaboration between SafeHeron and MetaMask is set to produce an MPC wallet that will offer users the best of both worlds: the security and privacy of MPC technology, combined with the user-friendly interface of MetaMask. The new wallet will allow users to easily manage their digital assets, interact with dapps on the Ethereum network, and access a wide range of tools and services from both companies.

Conclusion

The collaboration between SafeHeron and MetaMask to launch an MPC wallet by the end of June 2023 is a significant development for the blockchain and crypto industry. The innovative use of MPC technology will provide greater security and privacy for users, while the user-friendly interface of MetaMask will make it easier for users to manage their digital assets.

FAQs

Q: What is SafeHeron?
A: SafeHeron is a one-stop open source self hosted service provider, offering a wide range of solutions for businesses and individuals in the blockchain and crypto space.
Q: What is MetaMask?
A: MetaMask is a browser extension and mobile wallet that allows users to interact with the Ethereum network.
Q: What is an MPC wallet?
A: An MPC wallet is a type of wallet that uses multi-party computation to secure users’ private keys and prevent unauthorized access to their digital assets.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/04/15/safeheron-and-metamask-team-up-to-launch-mpc-wallet-by-june-2023/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.