When Multisig or Even MPC Alone Is Not Sufficient
Periodic hacks of crypto exchange, token issuers and other institutions show that multisig wallets may not protect against advanced threats. Multi-party computation (MPC) wallets face similar issues, as decentralized key protection alone is insufficient. Blockdaemon recommends a multi-layered defense, as used by the Blockdaemon Institutional Wallet, to maximize digital asset security while maintaining accessibility and operational efficiency.