What Should You Be Aware of?
When using an MPC wallet, it is essential to securely manage your private keys and key shards. Despite the enhanced security of MPC technology, do not take it for granted. Enable two-factor authentication (2FA), regularly update the application, and conduct transactions over secure networks to reduce the risk of attacks. Regularly back up your wallet information, understand the fee structure, monitor account activity, and ensure your devices are secure.
If you unfortunately lose a critical key shard, you may lose access to your digital assets, meaning you will be unable to conduct transactions or manage your funds. While MPC technology has some fault tolerance, if the number of lost shards exceeds this limit, your assets may become irretrievable.
Additionally, losing shards can lower overall security, increase the risk to your wallet, and lead to a complex and costly recovery process. To ensure the safety of your assets, we recommend regularly backing up all key shards and taking necessary security measures to protect them. Good management practices can effectively avoid potential financial and psychological stress, allowing you to use the MPC wallet with greater peace of mind. If you have any questions or need assistance, please feel free to contact us, and we will be happy to help.
Last updated