Fireblocks News

Fireblocks develops a new MPC algorithm to speed up digital asset transaction process

Fireblocks announces it has developed a new MPC (secure multi-party computation) algorithm that pushes digital asset transaction speeds up to 8X faster than what’s currently possible. Fireblocks’ new protocol, called ‘MPC-CMP,’ is based on and surpasses the speed of Gennaro and Goldfeder’s protocol, a current industry standard for MPC, and Lindell et al.’s protocol. Starting today, all digital asset custodians and MPC vendors can access Fireblocks’ MPC-...