Zenrock provides decentralized multi-party computation (MPC) infrastructure for developers to manage private keys and control assets across multiple blockchain networks. This eliminates single points of failure in key management, enabling secure and efficient cross-chain application development.
Funding
Funding not disclosed
Founders
Product
Problem
Managing private keys across multiple blockchain networks introduces single points of failure, hindering secure and efficient cross-chain application development. Existing multi-party computation (MPC) solutions are often centralized, expensive, and targeted towards institutional asset managers, limiting access for crypto-native developers.
Solution
Zenrock provides a decentralized MPC infrastructure that enables developers to manage private keys and control assets across multiple blockchain networks. The platform eliminates single points of failure by distributing private keys across a network of third-party node operators, ensuring that no single entity has complete access. Developers can use Zenrock's tools to build secure and performant omnichain applications, allowing dApps on any chain to control cross-chain assets. Zenrock offers a permissionless and decentralized MPC-as-a-Service, abstracting the complexities of MPC and enabling developers to create innovative, secure, and efficient applications across multiple chains.
Target Audience
Zenrock targets cross-chain builders who need to abstract away private keys and control assets across any L1 or L2, as well as wallet builders seeking "hot" wallet convenience with institutional-grade security.
Features
- Decentralized key management through a network of third-party node operators
- Support for a wide range of blockchains, including EVM networks, Bitcoin, Solana, and the Cosmos ecosystem
- Plug-and-play infrastructure for controlling assets across any chain from a dApp
- SDK for accelerating development with distributed MPC technology
- Optimized performance with fast cross-chain transactions and reduced smart contract interaction
- Modular design allowing integration of any public or private signature scheme
- Multiple access pathways via LayerZero, natively, or through apps deployed on Zenrock Chain
- Ability to create new wallet addresses on any chain and handle omnichain signing requests