The Importance of Self-Management in Managing Crypto Assets

Many users who prioritize cost and ease of use accept custody risk. In this area, MPC (multi-party computation) wallets and smart contract wallets are being developed, enabling safer and more flexible asset management. MPC wallets increase security by distributing private keys and having a mechanism for multiple parties to jointly approve transactions. On the other hand, smart contract wallets are suitable for use by organizations because they allow multi-signatures and automatic management of transactions.
It is important to understand the characteristics and tradeoffs of these wallets and the factors to consider when choosing one (security, cost, user experience, scalability, etc.), and it is important to understand that the two technologies are complementary, not competing.