Poof Payments Releases XRP Ledger Open Source MPC Wallet

08/23 15:21

Poof Payments has announced the release of an open-source version of its multi-party computation (MPC) wallet, which integrates with Shamir's secret sharing (SSS) and can be used for the XRP ledger. This development has been supported by the XRPLedgerGrants program. The MPC wallet allows multiple parties to collaborate on recalculating private keys and digital signatures, thereby promoting blockchain transactions without asset custody. By introducing open-source MPC wallet infrastructure for XRP, Poof provides a free and secure payment server that supports the creation of institutional-level self-service wallets, payment processing applications, and entry and exit foundations. The program code will be released on Github under the Apache2.0 license (an open-source software license).
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