Michael Lodder

@Ivshti The cryptography library is open source: github.com/coinbase/krypt…

8/ On the flip side, MPC has some significant drawbacks that Coinbase might be downplaying: For one, it requires custom crypto libs to make it work with Ethereum and other EVM chains, which is frowned upon from a security perspective. As of today, those libs are not open-source

1/ For their new web3 browser, Coinbase decided to use a multi-party computation (MPC) wallet. When explaining why, they listed several "drawbacks" of smart wallet technology - all of which are false. Which begs the question: how does MPC really stack up against smart wallets?