PANews reported on October 13 that according to official news, Gate announced the official launch of the multi-chain wallet based on multi-party computing (MPC) technology - Gate Safe, which aims to provide users with a higher level of asset security protection and independent control.

Gate Vault splits the full private key into multiple shards and stores them in a distributed manner. This eliminates the need to restore the full private key during transaction signing, effectively preventing single-point attacks. This product utilizes a three-party distributed key architecture and a 2-of-3 mechanism to ensure absolute control of users' assets. It also features 48-hour delayed payment protection and a global disaster recovery mechanism, providing users with comprehensive security. Notably, Gate Vault will be free for a limited time to VIP3 users and above, with a paid access option available soon for other users, allowing more users to experience this new security solution firsthand.

As users' asset management needs accelerate from centralized accounts to self-custodial wallets, MPC technology is becoming the core foundation for the security of the next generation of digital assets. The Gate Vault not only strengthens Gate's leading edge in security but also further enhances Gate's full-stack ecosystem, encompassing trading, wealth management, and Web3 self-custody. It serves as the core pillar of security and trust within Gate's All in Web3 strategy.