Express

Poof Payment Launches Open-Source MPC Wallet for the XRP Ledger

Katie Lin

Summary: Poof Payments has unveiled the launch of an open-source implementation of Multiparty Computation (MPC) wallets, seemlessly integrated with Shamir Secret Sharing (SSS) for the XRP Ledger. MPC wallets allows multiple parties to collaboratively recompute private keys and digital signatures, thereby enabling the execution of blockchain transactions without the need for asset custody. With the launch of an open-source ...

Poof Payments has unveiled the launch of an open-source implementation of Multiparty Computation (MPC) wallets, seemlessly integrated with Shamir Secret Sharing (SSS) for the XRP Ledger. MPC wallets allows multiple parties to collaboratively recompute private keys and digital signatures, thereby enabling the execution of blockchain transactions without the need for asset custody. With the launch of an open-source MPC wallet infrastructure for XRP, Poof Payments grants access to a free-to-use secure payment server that enables the creation of institutional-grade self-custody wallets, payment processing applications, and the foundation for on-ramps, off-ramps, and crypto exchanges in the XRP Ledger ecosystem.

Author: Katie Lin

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 7 days ago
  • Is the Crypto Bull Market Over? 8 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 9 days ago
  • The Endgame of Layer 2s, Explained 12 days ago
  • The Bitcoin Halving is Complete! What’s Next? 19 days ago
  • You need to login to comment.