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by cadillion 769 days ago
# What is MPC?

Multi-party computation is an exciting new technology that allows individuals to cooperate in signing cryptocurrency network transactions without any one party knowing all the information necessary to create a valid transaction. If you imagine there's a vault that holds your money, and you need two unique keys to open the vault, then MPC would be like giving each key to different people so they both have to agree to remove money from the vault.

In the case of this MPC wallet, the client holds a copy of both keys, so they can open the vault and sign transactions whenever they want. But Hedgehog and Capsule each only get one copy of one key, so they are not able to sign transactions individually; both parties are needed to reach the signing threshold.

The Hedgehog app enables users to open up their own on-chain MPC wallet, connect their existing exchange accounts via API, onramp or offramp funds, and automate their portfolio on any connected venue at their convenience, all without revealing their private keys! That means we can save you time, quickly add new tokens, search out alpha, and optimize risk for your unique tolerances

# Something for everyone

With the launch of these on-chain wallets, we're opening up a whole new universe of assets and strategies that fit each client’s suitability profile and preferences. Most notably, Hedgehog has teamed up with [OpenEden](https://openeden.com) to provide a Fixed Income stack for eligible clients, featuring access to TBILL tokens.

A first foray into Real-World Assets (“RWAs”), TBILL tokens represent a claim on a regulated US Treasury Bill fund, tokenized and offered on the Ethereum and Arbitrum networks—that's on-chain AAA-rated debt. Businesses and accredited individuals both can confidently self-custody their own TBILL, while tokens are redeemable for USDC 24/7.

Given the collapse of several regional banks in 2023, TBILL is a convenient way to diversify corporate cash reserves or personal cash deposits, while still receiving competitive yields.

All our usual asset baskets remain available for both custodial and non-custodial wallets, whether that's trusted indices from CoinDesk or FTSE Russell, or the standard Hedgehog stacks.

Every stack is fully customizable, from the asset list to individual allocations, even the strategy that determines your investment criteria. Our dream is to offer tunable and automatic yield farming, airdrop farming, fraud prevention, transaction forgiveness, one-click checkout experiences, and more.

# The next billion wallets

Web3 is complex enough without having to figure out where to store your tokens or how to get the best prices. For investors who are looking to dip a toe into the world of digital assets, and for institutions looking to keep up with the new generations that increasingly hold their wealth on-chain, Hedgehog is a novel solution for making web3 accessible and easy to manage. All you have to do is download the app, and a piece of the new world wide web can be yours.