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BCH $257.27 -0.53%
LINK $12.68 -1.73%
HYPE $83.95 -1.40%
AAVE $130.66 -0.19%
SUI $0.8270 +2.64%
XLM $0.1913 +1.45%
ZEC $1,184.16 +2.26%

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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