Gate, one of the global leading digital asset trading platforms, has officially announced the launch of its brand-new security product Gate Vault. Built on Multi-Party Computation (MPC) technology, Gate Vault is a multi-chain wallet designed to provide users with a new level of asset protection and autonomous control.
By splitting a private key into multiple “key shards” stored across different nodes, MPC ensures that a complete private key never exists in one place at any time. During transaction signing, the system performs secure distributed computation, effectively eliminating single points of failure and private key exposure risks inherent in traditional wallets.
Gate Vault is built on a four-tier defense system, offering enterprise-grade security and complete user control:
- Stronger Security Architecture: The wallet adopts a three-party distributed key storage model, with key shares stored separately on the user’s device, Gate’s secure server, and a trusted third-party provider. Even if one node is compromised, it cannot reconstruct the full key, effectively preventing single-point attacks.
- Greater Control Over User’s Assets: Gate Vault follows a 2-of-3 signature mechanism, ensuring that neither Gate nor the third-party custodian can independently initiate or complete any transaction. All transfers must be initiated and authorized by the user, keeping full ownership and control in their hands.
- Enhanced Protection with Delayed Withdrawal: A 48-hour delayed withdrawal mechanism provides a built-in safety buffer. Users can freeze or cancel transfers during this window, adding an additional layer of protection against unauthorized or abnormal activities.
- Global Disaster Recovery Mechanism: Gate Vault supports cross-device recovery and multi-party collaboration, enabling users to retrieve their assets even in extreme scenarios. If Gate’s services become temporarily unavailable, users can independently recover key shares from the third-party provider using open-source tools, ensuring maximum asset resilience.
As more users transition from centralized accounts to self-custody wallets, MPC technology is emerging as the cornerstone of next-generation digital asset security. The launch of Gate Vault not only strengthens Gate’s security leadership but also completes its full-stack ecosystem covering trading, wealth management, and Web3 self-custody. It serves as a core pillar of trust and safety in Gate’s All in Web3 strategy and signals the industry’s broader shift from traditional private-key systems to collaborative multi-party cryptography frameworks.
Currently, Gate Vault supports asset transfers to Gate accounts. A 0.1% security service fee (capped at $100) will be applied to outgoing transfers to maintain the continuous operation of its risk control and withdrawal delay mechanisms. Notably, Gate VIP3 and above users can enjoy free access for a limited time, while other users can access it by paying a small fee (launching soon), enabling more users to experience this new-generation asset protection solution. According to the platform, access criteria may be tightened in the future based on strategic considerations, and users are advised to activate or upgrade early to retain eligibility.
At the same time, Gate continues to advance its full-chain Web3 ecosystem: Gate Layer provides high-performance infrastructure for decentralized applications; Gate Perp DEX enhances decentralized derivatives trading experiences; Gate Fun serves as a token launch platform supporting efficient project launches and community engagement; Meme Go enables real-time on-chain meme token trading and analytics; and Gate Private Wealth Management delivers secure, diversified, and yield-optimized asset allocation solutions for high-net-worth clients.
From asset protection to trading performance, from infrastructure to wealth management, Gate is systematically building the core gateway to the future of Web3. Moving forward, Gate will continue to drive technological and ecosystem innovation under its All in Web3 strategy, connecting global users to the next generation of open, secure, and decentralized finance.
Head to Gate Vault and start your safer asset management today
About Gate
Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 41 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions.
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Source: https://beincrypto.com/gate-vault-mpc-multi-chain-wallet-launch/