Bitget Exchange Launches MPC Wallet with Enhanced Security Features
- Bitget exchange launches MPC wallet with 2/3 private key sharding for improved security
- MPC distributes key shares across multiple parties, requires 2/3 to authorize transactions
- Uses password login instead of mnemonic phrases to improve user experience
- Backup cloud server stores 1 key share, ensures decentralization
- Follows hardware wallet trends toward better self-custody after FTX failure