Cryptocurrency News: CoinsDo Introduces Trusted Shards Computation (TSC) for Enhanced Key Security
Singapore, Singapore - June 29, 2023 (Newsfile Corp.) (Investorideas.com Newswire) CoinsDo, a leading provider of innovative cryptocurrency solutions, is thrilled to announce the launch of Trusted Shards Computation (TSC), a groundbreaking feature that aims to enhance key security for individuals and businesses in the digital asset space. By dividing private keys into multiple key shards using a trusted execution environment (TEE) and distributing them across different devices, TSC aims to ensure security of private keys, even in the face of compromised devices.
The launch of CoinsDo's TSC solution brings about several key updates and improvements to the company's operations, benefiting users in various ways:
- Enhanced Key Security: CoinsDo's TSC technology revolutionizes key security by employing a distributed approach that safeguards private keys against compromise. This groundbreaking feature instills confidence in individuals and businesses, knowing that their digital assets are protected even in the event of a compromised device.
- Seamless Integration and Deployment: CoinsDo's TSC solution eliminates the need for complex deployment processes. During a recent exhibition, CoinsDo showcased the creation of multi-party shards in just 1 minute, demonstrating the solution's simplicity and user-friendly nature. Additionally, users can easily customize the signature threshold, ensuring adaptability to different application scenarios.
- Flexibility and Control: For users with higher security requirements, CoinsDo offers support for setting up their own TEE services. This aims to empower users to securely migrate their businesses without solely relying on CoinsDo's services, providing added flexibility and control over their digital assets.
- Cost-effective Solution: CoinsDo's TSC solution is complimentary, making it accessible to startups, digital currency funds, and professional family offices.
CoinsDo is committed to advancing the Web3 community and fostering innovation. CoinsDo's TSC solution offers an alternative approach to problem-solving, providing Web3 practitioners with increased choices and lower entry barriers.
For more information, please contact:
Wehming Tan;
Business Manager;
Email: cs@coinsdo.com
About CoinsDo:
CoinsDo is a leading provider of innovative cryptocurrency solutions, dedicated to empowering individuals and businesses in navigating the digital asset landscape. With a focus on security, accessibility, and cutting-edge technology, CoinsDo strives to deliver exceptional solutions tailored to the needs of its users.
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