Ardor(ARDR)

Purrnelope's Country Club is a collection of 10,000 randomly generated NFTs that exist on the Ethereum Blockchain. Exclusivity is the name, fun is the game. Browse our twitter, join our discord or go to our website for more info! Website | Discord | Twitter The OG Land | Exclusives Creations | Kittens | Grandmas KittyVault Purrks The total number of owners has reached 3602. NFT Collection Purrnelopes Country Club Price and Sales The market capitalization of Purrnelopes Country Club NFT collection is 1,281.50 ETH. For all time, 10,386 collections sales were made at an average price of 0.30 ETH (~$487.11 at the time of writing). This created a total volume in 3,142.143 ETH. The floor price of Purrnelopes Country Club is 0.1099 and the 30-day trading volume is kept at 12.29 ETH. The payment tokens of the Purrnelopes Country Club collection are ETH, DAI, WETH, USDC. Purrnelopes Country Club traits list Background Yellow 1004 Mint 979 Red 1035 Pink 1057 Aqua 918 White 1011 Purple 1005 Blue 1012 Lime 978 Black 1001 Collar Bow tie 714 Scarf 1023 Name tag 3385 Count 740 Lei 223 Spikes 1232 Knight 148 Formal 890 Ethereum 439 Bitcoin 494 Bangles 438 Flowers 274 Colour Grey 205 Champagne 229 Ginger 228 Charcoal 215 Amber tabby 263 Walnut 230 Autumn 209 Champagne shaded 244 Muddy 230 Ash shaded 237 Cedar 208 Smoked caramel 201 Brown 232 Black 248 Snow tiger 250 Snow 222 Smoked blondie 239 Caramel blondie 223 Caramel tabby 197 Ash tiger 236 Hickory 232 Smoked steel 233 Calico 247 Cedar shaded 232 Steel 257 Tiger 238 Caramel 237 Steel tabby 219 Grey shaded 222 Steel shaded 233 Hunter 228 Sand 239 Snowy ash 263 Grey tiger 212 Ash 258 Sand shaded 238 Blondie shaded 245 Chocolate 229 Smoked ginger 255 Blondie 237 Steel tiger 213 Ginger tabby 250 Snow shaded 217 Gold 20 Breed Zeus 513 Mekong 486 Ragamuffin 494 Highlander 542 Savannah 500 Persian 539 Laperm 530 Kurilian 507 Lynx 494 Selkirk 505 Birman 508 Chantilly 486 Ragdoll 475 Balinese 485 Pixiebob 353 Cymric 516 Chartreux 569 Himalayan 479 Norwegianforest 528 Mainecoon 491 Eyes Angry 1403 Suss 1417 Alert 1371 Puzzled 1379 Excited 1452 Bored 1444 Buttons 104 Quizzical 1430 Mouth Slight smile 545 Underbite 1185 Cigar 881 Cigarette 744 Anguish 589 Drool 1094 Cheesy grin 879 Cigarette holder 893 Tongue 680 Toothpick 392 Sad 520 Smile 547 Overbite 496 Samurai 41 Grin 514 Glasses Handlebar mustache 78 Comb mustache 89 Monocle 343 Disguise 197 Stitches 133 Nerd glasses 194 Shades 154 Horseshoe mustache 75 Round sunglasses 62 Pilot glasses 117 3d glasses 291 Teardrop 193 Target 101 Ski goggles 70 Aviators 89 Vr 68 Eyepatch 84 Squad 112 Plaster 137 Hearts 102 Hat Cap 672 Beret 89 Trilby 127 Bow 613 Headband 604 Bowler 147 Halo 137 Crown 425 Tribal 125 Firefighter hat 142 Visor 228 Plunger 118 Fez 141 Knitted hat 120 Tiara 49 Reporter 162 Police hat 143 Cat 86 Detective 144 Flower 110 Bicorne 142 Sailor 146 Top hat 69 Peaked cap 100 Fedora 91 Beanie 50 Helm Black knight 47 Astronaut 147 Space helmet 145 Gold knight 50 Silver knight 51 Purrnelopes Country Club fees Buyer fee to dev: 0 basis points Seller fee to dev: 300 basis points Buyer fee to opensea.io: 0 basis points Seller fee to opensea.io: 250 basis points Buyer fee: 0 basis points Seller fee: 550 basis points Purrnelopes Country Club editors list The approved editor's accounts of Purrnelopes Country Club collection are 0x112e62d5906f9239d9fabab7d0237a328f128e22. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The Cryptoon Goonz collection consists of 6,969 generative rubber hose style characters, made up of hundreds of unique traits which not only change the look of a single Goon, but completely change the form a Goon will take. Whether it's a wolf, cat, or ape/marshmallow hybrid, every variety of a Cryptoon Goon is decked out in pop culture, hip-hop, and streetwear references. We have a strong focus on quality art & community. Join us to be a part of our journey building something special. The Portal has opened. Explore our new world Claim your Goonz PFP Our other collections: Cryptoon Goonz Originals Cryptoon Goonz Sketches The total number of owners has reached 2918. NFT Collection Cryptoon Goonz Price and Sales The market capitalization of Cryptoon Goonz NFT collection is 3,121.64 ETH. For all time, 14,250 collections sales were made at an average price of 0.47 ETH (~$717.11 at the time of writing). This created a total volume in 6,670.833 ETH. The floor price of Cryptoon Goonz is 0.2667 and the 30-day trading volume is kept at 146.63 ETH. The payment tokens of the Cryptoon Goonz collection are ETH, WETH. Cryptoon Goonz traits list Background Grey 2590 Green 1033 Pink 1483 Yellow 497 Blue 1220 Red 23 Gold 123 Shorts Red 1394 Yellow 1144 Grey 2783 Blue 568 Patchy 851 Pattern 139 Floral 1 Khaki 60 Denim 27 Cheetah_print 2 Body Puffy 799 Hairy 945 Regular 2055 Skeleton 672 Green_backpack 197 Red_backpack 602 Tattooed 112 Fuzzy 1285 Studded 93 Scaley 191 Gold_skeleton 18 Accessory Sad_face 335 X_smiley 238 Skull 137 Heart 291 Kitsune 210 Hannya 326 Fish 162 All_seeing_eye 161 Carrot 301 Bear 313 Flower 317 Plain 17 Beaver 215 Cat 63 Red_striped_scarf 140 Crown 270 Pumpkin 171 Tengu 274 Ape 233 Rocket 62 Cowboy 141 Pot_leaf 190 Bulldog 276 Scream 153 Strawberry 127 Snake 208 Devil 240 Glizzy 37 Yellow_bandana 169 Butterfly 106 Barron 17 Squid 52 Ninja_star 69 White_bandana 112 Ice_cream 25 Alpha 69 Teeth 131 Yellow_scarf 20 Horsey 36 Sandwich 28 Omega 31 Ghost 94 Red_bandana 20 Clown 28 Blue_bandana 3 Goat 15 Grey_scarf 5 Corncob 6 Pawn 5 Sock 3 Rose 3 Rapper 242 Whiskers 72 Head Anime 108 Flame 100 Elephant_ears 50 Rabbit 170 Punk 170 Flower 101 Angular_hair 123 Chef_hat 22 Dice 114 Cap_blue_hair 162 Sailor_hat 93 Anchor_hat 122 Wolf 133 Coolguy 153 Marshmellow 150 Horns 196 Cap 141 Clown 152 Pointy_cat 186 Flaming_marshmellow 116 Fuzzy_bear 125 Wolf_crown 122 Long_horns 100 Afro 91 Lion 165 Headband 96 Bear 90 Bat 161 Tree_hat 120 Groucho 90 Floppy_hat 95 Fez 35 Beanie 159 Pied_piper 57 Zombie 83 Hood 43 Hobo_cat 151 Bunny_hat 55 Antlers 129 Flat_top 125 Crossbones 125 Aviation_hat 123 Floppy_ears_hat 2 Headphones 123 Frankenstein 11 Elf 69 Bull 16 Sea_monster 45 Straw_hat 123 White_ponytail 77 Holy_hat_white 31 Pumpkin 40 Sheriff_hat 116 Ogre 7 Cow_hat 122 Goggles 148 Block 44 Devil 49 Ape 31 Backwards_hat 75 Lucky 33 Goat 113 Crazy_blue 31 Bandana 82 Evil_pope 14 Fluffy_ears 26 Old_wizard_hat 46 Ponytail 18 Halo 21 Crown 11 Baphomet 2 Adventure_hat 9 Daisy 42 Oval 185 Spiky 43 Party_hat 108 Rat 56 Wide_brim 73 Star_hat 25 Eyes Unbothered 323 Black 336 Winky 197 Black_highlight 311 Blank_stare 133 Beady_angry 287 Unimpressed 146 Blazed_unbothered 262 Black_and_white 191 Angry_sideeye 213 Sideeye 134 Black_highlight_angry 194 Tattoo 28 Black_eye 290 Black and red 72 One_white 181 Black_highlight_adorable 99 Plotting 195 Yellow 128 Cute 212 Spooky 57 Sunglasses 39 Big_x 200 Teardrop_tattoo 73 Red 236 Blazed 84 Hollow 309 Left_eyelashes 110 Anime 147 Glasses 57 Jack_o_lantern 171 Clown 130 Pumped 55 Surprised 81 Black_and_white_eyelashes 85 Groucho 101 Intense 87 X 276 Sus 2 Crazy 132 Always_tired 89 Angry_white 24 Hypno 28 Glasses_white_eyebrows 39 Heart 13 Scared 32 Wavy 8 Beady 73 Skeptical 7 Wobbly 32 Confused 3 Soulless 10 Big_white 4 Burglar 2 Charming 92 Blinds 61 Mouth Duct_tape 112 Grill 161 Red_nose_smoking 208 Mustache 39 Wolf 198 Biting_lip 170 Pointy_nose_smoking 126 Grin_smoking 192 Smoking_snout 86 Puppy 54 Smile 125 Fangs_and_tongue 199 Jack_o_lantern 103 Unshaven_ape 168 Smoking 153 Excited 141 Tongue_out 184 Friendly 12 Aggrivated 38 Unshaven_smoking 175 Chipmunk 114 Hollow 22 Sharp_teeth 195 Green_lips 53 Ape 132 Joyous 145 Cute 84 Burping 32 Big_nose_smoking 141 White_beard 28 Depressed 4 One_tooth 75 Open_mouth 156 Unshaven_sad_smoking 177 Beaver 148 Sharp_smile 41 Big_cat 163 Sad 88 Whistling 71 Silly 161 Overbite 50 Handprint 38 Unacceptable 59 Skull 49 Cow 165 Smirk 151 Single_fang 22 Long_snout 2 Scraggly_beard 79 Clown_smoking 110 Jowels 82 Cat 190 Unsure 78 Red_lips 78 Chubby_beak 12 Beak 16 Snowman 96 Fox 36 Unshaven 19 Devilish_grin 10 Snout 86 Pink_nose 45 Septum_ring 5 Worried 43 Pointy_nose 42 Licking_nose 6 Big_smile 30 Rabbit 4 Tenticle 2 Goatee 2 Horse 47 Brown_beard 21 Long_nose 15 Fangs 3 Snake 1 Bull 1 Trunk 2 Rat 185 Rat_sharp_teeth 179 Smiling_rat 146 Hands Big_sword 154 Nunchucks 175 Pitchfork 125 Killer_knife 144 Machete 193 Sai 90 Chainsaw 184 Flashlight 44 Hockey_stick 228 Barbed_wire_bat 230 Broken_bottle 214 Wrench 140 Brick 88 Axe 197 Regular 101 Gauntlets 136 Flame_sword 104 Yellow_sword 52 Boxcutter 178 Boxing_gloves 151 Bloody_knucks 171 Sword 201 Rhinestone_glove 149 Whip 19 Red_laser_sword 120 Boombox 88 Trident 69 Bat 250 Booze 165 Bird 210 Glizzy 20 Scythe 149 Flame_hands 164 Water_gun 172 Portal_gun 53 Lead_pipe 115 Foam_hands 44 Joint 218 Cash 112 Golden_goalie_stick 3 Bo_staff 147 Sawed_off 149 Claws 49 Hammer 71 Sharp_knucks 128 Thwip 27 Nail_bat 118 Dynamite 70 Jump_rope 14 Stick_and_bindle 18 Mallet 28 Money_bag 17 Ax_bass 2 Carrot 25 Shovel 50 Key 6 Laser_gun 231 Smash 50 Rocket 106 Metal_spikes 51 Tree_axe 20 Plastic_pistol 159 One_shot 11 Straight_edge 2 Shoes Black_knit 185 Wings 261 Black 514 Black_and_white 455 White 326 Yellow_boots 506 Sandals 155 Concrete 95 Brown_boots 476 Fatties 98 Socks 246 White_on_white 224 Dressy 29 Banana 203 Purple_and_yellow 54 Red 91 V1 11 Slippers 11 Alien 347 Slips 98 Colorful 2 Speedy 199 Work 422 Swiss 157 Gluten 249 Troublemaker 313 Cozy 310 Panda 465 Creme 146 Yellow_woven 50 Windy 56 Creme_gold 8 Red_and_green_slips 207 Special Sliced_in_half 8 Mask Hockey 18 Skull 28 Tengu 8 Vr 14 Pizza_face 3 Circle 5 Kitsune 1 Triangle 2 Metal_mask 9 Cryptoon Goonz fees Buyer fee to dev: 0 basis points Seller fee to dev: 750 basis points Buyer fee to opensea.io: 0 basis points Seller fee to opensea.io: 250 basis points Buyer fee: 0 basis points Seller fee: 1000 basis points Cryptoon Goonz editors list The approved editor's accounts of Cryptoon Goonz collection are 0x19d38600e9912ffbbdc0007c7ed827b37bfef3ff. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The CFTC has urged lawmakers to prevent cryptocurrency exchanges from “Self Certifying” and listing cryptocurrency tokens without proper oversight. The CFTC commissioner, speaking at an event, stated that the current process was inadequate to ensure sufficient oversight. “Self Certifying” Poses Risks United States Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero has urged Congress to stop allowing cryptocurrency exchanges to self-certify and list tokens on their platform without proper oversight. Speaking to the audience at an event focusing on FTX and its collapse, she stated that the current process did not ensure adequate oversight. Romero stated, “I urge Congress to avoid permitting newly-regulated crypto exchanges to self-certify products for listing under the current process that limits CFTC oversight. It is critical to institute guardrails against regulatory arbitrage, and that includes prohibiting the use of the self-certification process.” Under current rules, cryptocurrency exchanges are able to self-certify the safety of their products before listing unless the CFTC blocks the listing of the token within 24 hours. According to Romero, this process, which is utilized to list a host of products, such as crypto futures, needs to be revised. She went on to add that crypto businesses and exchanges looking to issue tokens could refer to the CFTC’s own crypto regulatory framework and circumvent registration with the United States Securities and Exchange Commission (SEC). Several proposals to give the CFTC increased oversight of the cryptocurrency industry were mooted in 2022. The warnings from the CFTC commissioner come as lawmakers are coming together to draft legislation to help them gain better oversight of the crypto space, which has seen a host of bankruptcies during 2022. These were made worse with the sudden and spectacular collapse of FTX and the allegations of fraud against management at the exchange, including founder Sam Bankman-Fried. Crypto Industry Urged To Step Up During her interaction at the event, the CFTC commissioner urged lawyers, compliance professionals, pension fund investors, and venture capital firms to step up and conduct much stricter due diligence on crypto firms and projects. Romero stated, “Gatekeepers themselves also need to step up and call for compliance, controls, and other governance, without allowing the promise of riches and the company’s marketing pitch to silence their objections to obvious deficiencies.” Speaking about the FTX collapse, Romero stated that these “gatekeepers” should have raised questions about the operational environment at the FTX exchange in the weeks leading up to its spectacular collapse. She further added that the digital asset industry has a considerable amount of work to do if it wishes to regain the trust of users. FTX Collapse Not Due To A Lack Of Regulations However, some industry experts and observers have pushed back, arguing that the FTX collapse cannot be pinned on the digital asset space or on a lack of regulation. Ludovic Shum, the managing director of Swiss Crypto Bank SEBA’s Hong Kong branch, stated, “At the end of the day, it goes back to the trust regarding the checks and balances [...] It was just unfortunate that it happened in this fast-growing area of the crypto world where it could have easily happened to banks, securities, houses, asset managers.” However, there were opposing viewpoints, such as those of the founder and CEO of blockchain development agency Labrys, who stated that the industry needs more oversight but not necessarily more regulation, to prevent further FTX-type collapses. “The FTX scandal didn’t happen because of a lack of regulation. FTX operated [allegedly] illegally, disregarding the existing regulations rather than capitalizing on an absence of regulation. There should probably be more oversight to stop unscrupulous players and activity before situations escalate, but we don’t need masses of new regulations and red tape that deters innovation. We need clarity on the existing regulations.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Dotdotdots are strange cultish creatures that live inside solidity. They disguise themselves as decimals in the code and are rarely seen naturally by human eyes. They are often referred to as bugs, but their species is unknown. Dotdotsdots can be minted directly from the contract using the mint function with a price of 0.05 ETH, up to a max of 5 per transaction. There will be 4360 dotdotdots initially for mint, but will increase as the all time high price of Ethereum rises, with a cap of 10,000. The total number of owners has reached 2588. NFT Collection dotdotdots Price and Sales The market capitalization of dotdotdots NFT collection is 361.85 ETH. For all time, 10,316 collections sales were made at an average price of 0.64 ETH (~$973.70 at the time of writing). This created a total volume in 6,557.128 ETH. The floor price of dotdotdots is 0.074 and the 30-day trading volume is kept at 7.98 ETH. The payment tokens of the dotdotdots collection are ETH, DAI, WETH, USDC. dotdotdots traits list Background Brick 519 Sand 555 Storm 463 Jungle 592 Blizzard 545 Watching 382 Gravel 593 Hgkxkca3u9 86 None 635 River 292 Midnight 197 Sigil 11 Mask Bad haircut 399 Uwu 448 Teardrop 315 Fierce deity 427 No face 106 Ninja 373 Duality 436 Owl 199 Plain 447 Third eye 30 Wassie 319 Jack 215 Whiskers 445 Skull 305 Locke 401 Sapphire 5 Garmet None 815 Tummy 641 Belt 471 Luna 232 Feathers 506 Pendant 186 Bells 512 Talisman 556 Tie 392 Coat 305 Ribs 98 X 122 Sun alter 27 Vines 7 Horn Halo 386 Radiant 377 None 448 08 valk 100 Antenna 377 Winked bunny ears 154 Wisp 379 Krampus 307 Saturno 283 Bunny ears 415 Tinky winky 93 Embedmau5 64 Ram 359 Crown 244 Goat 10 Antlers 305 Necromancer 42 Sol 200 Sprite 327 dotdotdots fees Buyer fee to dev: 0 basis points Seller fee to dev: 250 basis points Buyer fee to opensea.io: 0 basis points Seller fee to opensea.io: 250 basis points Buyer fee: 0 basis points Seller fee: 500 basis points dotdotdots editors list The approved editor's accounts of dotdotdots collection are 0x74b01c2371988f6bc173e7386f3e012790e57f8a. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Playing bridge online has become much more accessible thanks to the Bridge Champ platform. The team leverages blockchain technology to connect players and now seeks to advance its solution through crypto rewards and NFT badges. Bridge Champ Takes The Next Step The concept of playing bridge online - either as a novice, expert, or club - has remained elusive for a very long time. Things began to change with the help of Bridge Champ and its blockchain-based solution. Built on Ignis, the first child chain of Jelurida's Ardor technology stack, the platform prides itself on thwarting cheating. In addition, the ledger secures all relevant game data. So far, Bridge Champ has proven relatively successful. There is tremendous global interest in the online bridge platform. Global demand for online and competitive bridge play becomes more outspoken, and players make their way to the blockchain platform in droves. Continuing that momentum - and potentially accelerating it - is the next major objective. Bridge Champ's new roadmap seeks to enhance the platform and align it to the team's initial vision. That includes organziing online tournaments, cryptocurrency rewards, token payments, and adding NFTs. For the latter, Bridge Champ will support NFT badges tied to in-game achievements on the platform. Based on player performance, they can unlock cryptocurrency rewards. Other aspects of the roadmap include unifying the mobile and web experience, credit card payment support, and official leaderboards. Bridge is a very social game, as using NFT badges, achievements, rankings, and rewards makes the blockchain platform stand out among other online providers. In addition, the roadmap enhancements allow more people to get acquainted with cryptocurrencies. A Different Take On Play-to-Earn When people think about NFTs, they may consider the play-to-earn industry. However, P2E games traditionally require players to make an upfront NFT purchase before accessing the ecosystem. Bridge Champ takes the opposite route, as the blockchain-based platform is accessible to anyone at no cost. Their use of NFTs is more social-oriented rather than money-driven. More importantly, the play-to-earn aspects will elevate Bridge Champ's social features. Those features allow for building a global network of bridge players, clubs, and federations. With native support for guided play and pre-made hands, anyone can pick up a bridge in hours. Using an NFT badge to show one's progress is a badge of honor and one that can lead to crypto rewards. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Anyone who knows anything about crypto safety and security will have heard of the mantra “not your keys, not your coins”. For those who really care about securing their crypto, it’s imperative to maintain control of your private key - a randomly generated string of letters and numbers that provides access to your crypto wallet. Those who don’t control the keys do not control their funds, as customers of the popular crypto exchange FTX recently found out. Anyone who leaves their crypto in an exchange account is essentially trusting that platform to hold onto their funds for them - and that clearly isn’t a good idea. But as foolish as it is, people continue to trust cryptocurrency exchanges. That’s because so-called non-custodial wallets have indirectly caused the loss of an estimated $100 billion worth of Bitcoin alone, due to people losing their private key and being unable to access their funds. It’s no joke, as Briton James Howells discovered back in 2013 when he accidentally threw away a hard drive containing Bitcoin that is now estimated to be worth $200 million. The private keys were saved on the same hard drive that is now buried in a landfill site, meaning that he has no way to recover his lost fortune. It’s a dilemma that’s bad for crypto. With no easy system in place for people to retain control of their funds, the industry will probably never be able to achieve its goal of onboarding billions of people around the world into an alternative financial system. However, it doesn’t have to be this way. There’s a misnomer in crypto that users have a straightforward choice between using a centralized exchange, which means entrusting their funds with a third-party, or a non-custodial wallet, where they retain the private key. Leaving your funds in a crypto exchange means giving up your control and freedom in return for the peace of mind that, if you somehow lose your password, you’ll still be able to recover it through email and access your funds. It’s a trade off though, because exchanges have shown time and time again that they can’t be trusted to manage their customer’s funds. The only alternative is to manage your private keys yourself, and run the risk of one day misplacing them and losing access to your funds forever. Introducing the MPC Wallet: A Safer Option What few people realize is that there’s actually a third option, which offers a much better way. It’s a relatively unknown solution called the Multi-Party Computation wallet and can be thought of as a kind of hybrid between the two above options. MPC wallets are a viable solution that have already been adopted by institutional investors for some time already. Services such as Fireblocks, for instance, have been helping big-bucks investors retain safe custody of millions of dollars worth of crypto assets for years, and it’s about time that this technology has the same impact in the consumer space. What is an MPC Wallet? MPC wallets use some cryptographic wizardry to create a secure key management system that allows multiple parties to generate a new key, sign and verify transactions, securely and without any single point of failure. The way they work is quite technical, but essentially what happens is that the private key is split into multiple pieces that are linked using cryptographic techniques. As such, the task of verifying a transaction is split into smaller parts that are completed by multiple, different parties. Once all of these individual parts have been completed, they can be combined to verify the final result. It’s an approach that provides greater security and anonymity to users. The advantages of MPC wallets is that the user never has to deal with the private key. It means they can always access their wallet and the funds within it, and there’s no single point of failure that would enable hackers to access it. What MPC Wallets Are There? MPC wallets were traditionally only been available to institutions through a provider called Fireblocks. Its MPC wallet service essentially breaks up the private keys into multiple shards that are distributed between various parties, who must each verify a transaction before it can be confirmed. The requirement for multiple parties to be involved meant that it was difficult to provide this kind of service to consumers, but that has changed with the availability of MPC wallets from Coinbase and ZenGo. Coinbase introduced its MPC wallet earlier this year, allowing users to access a range of third-party dApps directly within the Coinbase applications. ZenGo, meanwhile, has actually been around for several years. In both cases, the way it works is that the user retains a part of their private key, with Coinbase or ZenGo storing the other part and helping the user to verify transactions. In this way, the wallet provider is unable to access the user’s funds. The main benefit for users is that they don’t have to worry about losing their private key as they never actually see it. Coinbase promises users that, even if they lose access to their device, the key to their wallet will remain safe and can be accessed with the company’s assistance through its live support channels. In the case of ZenGo, it relies on an encrypted biometric scan, email authorization and recovery software that’s installed on the user’s smartphone or laptop. By combining these technologies, ZenGo provides a simple way for users to access their wallet, without them ever having to worry about the private key. Recoverability Encourages Adoption The harsh reality is that it’s impossible to recover a traditional non-custodial wallet if you lose the private key. On the other hand, MPC wallets provide a familiar recovery experience, similar to the process of restoring access to a social media account. This kind of recoverability capability is likely to be crucial going forward. With episodes like FTX, users have become acutely aware of the dangers of keeping their funds on an exchange. Yet the alternative of trying to securely store a private key somewhere and never losing it is not appealing. It’s fair to say that many people simply do not trust themselves to look after something that’s so important. If the crypto industry is to onboard billions of users around the world, a safe and secure recovery method is absolutely a must-have. By providing a way for new users to hold assets without worrying about losing their private key, MPC is opening the door to crypto for millions of new users. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice