Coinbase shares its 'best lock' with crypto rivals in bid to fight hackers industry wide

Coinbase shares its 'best lock' with crypto rivals in bid to fight hackers industry wide

By open sourcing its top security code, Coinbase hopes to decrease the number of security incidents across the industry.

The exchange presented its new open source tool based on Safe Multipartite Computing (MPC) and licensed by MIT in an effort to drive greater security in the industry. *** Coinbase presents an open source MPC cryptography library. The initiative seeks to improve security and privacy in blockchain transactions. The developer community is invited to collaborate and bring improvements. Coinbase has announced the launch of an open source Safe Multipa…

MPC Library for Enhanced Security Made Open Source by Leading Crypto Firm

In a significant effort to bolster security across the cryptocurrency landscape, Coinbase Institutional has publicly released its multi-party computation (MPC) cryptography library. The adoption of MPC technology significantly reduces the risks associated with theft or unauthorized access by enabling multiple parties to sign transactions securely without revealing their private keys. On March 27, Coinbase unveiled its open-source transaction sig…

Coinbase Institutional open-sources MPC library for security

To improve security in the cryptocurrency sector, Coinbase Institutional has made its multi-party computation cryptography library publicly available. MPC technology lowers the risk of theft or illegal access by allowing multiple parties to sign transactions without disclosing their private keys.…

Coinbase shares its ‘best lock’ with crypto rivals in bid to fight hackers industry wide

It’s an unfortunate fact for the crypto industry that one of its biggest claims to fame is its massive security breaches, including the hack last …

Coinbase announces open-source release of its MPC cryptography library

Today, Coinbase announced it is open-sourcing its Multi-Party Computation (MPC) cryptography library. The post Coinbase announces open-source release of its MPC cryptography library appeared first on FX News Group.