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Bitverse

Bitverse is a safe, secure and decentralized Multi-Party Computation (MPC) digital wallet that does not require users’ personal, manual storage of corresponding private keys.

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Overview

Project industryExchanges & Wallets
Product typeApp
WhitepaperBitverse White Paper Open

What is Bitverse

Bitverse is next generation of decentralized, non-custodial and multi-chain Web3 wallet based on MPC technology. It has the characteristics of security and ease of use. It completely uses the Web2 user experience to greatly reduce the threshold for users to enter the Web3 world.

In terms of security, Bitverse uses MPC multi-party computing to generate wallet private key fragments in a distributed manner, with multiple signatures, eliminating the risk of single-point private key storage and single-point signature in traditional mnemonic wallets. There is no complete private key in the Bitverse MPC wallet at any time, and the wallet assets are always in a safe state. Users have absolute control over wallet assets, 100% privacy protection, transaction requests can only be initiated by users, and Bitverse will never touch user assets.

In terms of ease of use, Bitverse's original key management system, based on cryptography principles, TEE trusted execution environment, multiple security authentication and encryption mechanisms, provides safe and reliable wallet backup and recovery functions to help users manage wallets safely and conveniently. Users do not need to memorize private keys.

In addition, Bitverse provides a platform-independent wallet backup and recovery mechanism, which can guarantee the security of user assets even if Bitverse is shut down, and relieve users from worrying about platform failure.

Legal

Registration year: 2022

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MVP

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