Say No to Traditional Custody. Say Yes to MPC Security.
Managing digital assets is becoming riskier each year. According to SlowMist’s 2023 blockchain security report, 464 hacks caused over $2.48 billion in losses. The biggest takeaway?
Traditional custody methods no longer match modern threats.
CipherBC solves this with MPC-empowered custodian services — a next-generation architecture designed to eliminate single points of failure and deliver bank-grade security for Web3.
Why Traditional Crypto Custody Fails
Before diving into CipherBC’s MPC solution, it’s important to understand the major security gaps in traditional wallets:
1. Wallet Property Attacks
Cold wallets protect private keys, but if a hacker manages to steal a key, all assets can be drained instantly.
One key = total exposure.
2. System Vulnerabilities
Many enterprises lack blockchain-native security expertise. This leads to:
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business logic flaws
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fake deposit attacks
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internal misconfigurations
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51% vulnerabilities
One weak link can compromise the entire system.
3. Phishing Attacks
Hackers send fake interfaces or emails.
Once a user enters login or key information → full account takeover.
4. Transaction Data Tampering
Before a transaction hits the blockchain, internal systems can be exploited to modify:
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transaction amounts
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account balances
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approval flows
This results in institutional loss even before touching the chain.
Why MPC Prevails: CipherBC’s Top Advantages
CipherBC replaces risky private-key storage with MPC (Multi-Party Computation).
Instead of one key, MPC uses multiple shares distributed across separate parties.
No single party ever holds or sees the full private key.
Key Benefits
✔ Private Key Protection – No exposed keys
✔ Secure Distributed Transaction Signing
✔ Lower Gas Fees
✔ Cross-Chain Compatibility (70+ chains, 1500+ tokens)
✔ No Single Point of Failure
Inside CipherBC’s Multi-Layer MPC Infrastructure
CipherBC’s MPC architecture is built as a cross-platform, multi-cloud SaaS solution based on the MPC-CMP protocol. This provides:
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Protection from cyber-attacks
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Defense against insider collusion
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Prevention of human-error damage
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Continuous uptime with distributed computing
Supported Signature Algorithms
CipherBC MPC supports five major signature schemes:
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MPC-ECDSA
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MPC-EdDSA
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MPC-BLS
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MPC-Schnorr
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MPC-HMAC
This allows secure management of assets across 70+ public chains, including major L1s and contract tokens.
TEE Integration: Hardware-Level Security
CipherBC integrates Intel SGX (Trusted Execution Environment) to protect computation and policy logic.
With TEE, CipherBC ensures:
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private data remains isolated
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approval flows cannot be tampered
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program logic is shielded
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attackers cannot manipulate signing operations
TEE reinforces MPC, creating a hardware + cryptography dual shield.
Hot, Warm, and Cold Wallet Options — Powered by MPC
CipherBC offers all major wallet types under one MPC system:
Hot Wallet
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3rd MPC key share stored in an API co-signer
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automated approvals
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ideal for exchanges and high-frequency operations
Warm Wallet
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3rd MPC key share stored on your mobile device
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approvals through the Flexify app
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perfect for enterprise treasury management
Cold Wallet
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3rd MPC key share held on an air-gapped offline device
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QR-code based approvals
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maximum isolation and security
Hybrid Custody Models (Super Flexible)
CipherBC lets businesses mix custody solutions to suit different workflows:
Single Option
Choose hot, warm, or cold based on your operational needs.
Combo Setup
Use:
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Hot wallet → deposits & withdrawals
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Warm wallet → asset management with co-custody
Full Set Architecture
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Hot wallet → liquidity operations
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Warm wallet → corporate treasury
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Cold wallet → long-term reserves
This gives enterprises full flexibility, security, and operational efficiency.
Conclusion
CipherBC’s MPC-empowered custodian services solve the biggest weaknesses in digital asset management.
With hardware-backed security, distributed key infrastructure, cross-chain support, and flexible wallet options, CipherBC sets a new standard for institutional crypto security.
FAQs
1. What is MPC custody?
MPC custody uses Multi-Party Computation to split a private key into multiple secure shares, eliminating single-key exposure and reducing hacking risks.
2. How does CipherBC prevent private key theft?
CipherBC never generates or stores full private keys. MPC key shares remain separated, secured by TEE, and used only during distributed signing.
3. What types of wallets does CipherBC support?
CipherBC offers hot, warm, and cold wallets, all powered by MPC and customizable according to business needs.
4. Does CipherBC support multiple blockchains?
Yes, CipherBC supports 70+ chains and 1500+ tokens, including major L1s, L2s, and contract tokens.
5. Why is CipherBC safer than traditional hardware or cold wallets?
Traditional wallets store full private keys.
CipherBC uses MPC, TEE, policy control, and distributed signing — making key theft or tampering nearly impossible.
6. What industries use CipherBC MPC custody?
Exchanges, fintechs, payment providers, Web3 companies, institutional investors, and enterprises handling digital assets.