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HYPE $54.55 -1.01%
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XLM $0.1634 -1.03%
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Vitalik Buterin: Wallets based on MPC (EOA) have flaws, smart contract wallets are the only option

2023-06-29 10:14:14

ChainCatcher message, regarding "the pros and cons of MPC-based (EOA) wallets versus smart contract wallets," Vitalik Buterin tweeted in response, "MPC-based EOA wallets have a fundamental flaw because they cannot revoke keys (re-sharing doesn't count; old holders can still recover the keys), smart contract wallets are the only option." (source link)

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