Deep Research and Development

In the previous article we've discussed about multisig deployment and how it can greatly improve the project's security throughout the development cycle. Today we'll discussed even further improvements into key sharing schemes and start with Shamir’s Secret Sharing Scheme (SSSS) Shamir's Secret Sharing Scheme is related to the broader concept of multi-party computation (MPC), which refers to methods for allowing multiple parties to compute a function on their private inputs in such a way that the output is the same as if the parties had computed the function on their inputs together. MPC can be used for a wide range of applications, including secure communication, privacy-preserving machine learning, and secure multiparty computation. Shamir's Secret Sharing Scheme is simply another name for Shamir's Secret Sharing (SSS). It is called a "scheme" because it is a structured method for splitting a secret into multiple parts, such that a th