Wallet

About Cregis Wallet

Cregis Wallet offers a self-custody solution that gives users full control over their private keys and crypto assets. Using advanced Multi-Party Computation (MPC) technology, Cregis splits private keys into shards stored in different locations, ensuring high asset security. Cregis never pre-generates or stores private keys and operates without third-party reliance for transaction verification, providing users with a secure and efficient way to manage their cryptocurrency.

These are the wallets we provided:

	single-signature wallet	multi-signature wallets
How many shards will be generated?	Two shards will be generated The wallet owner will have his own 15 recovery phrases.	Depending on the specific configuration of the multi-signature wallet For example, in a 2-of-3 multi-signature setup, three shards are created. All of them have their own 24 recovery phrase.
Where do Cregis store the shards?	One shard is stored on the user's local device and the other one stored in multiple Trusted Execution Environments (TEE)	Shards are stored in the user's local device depending on the wallet setting
How many signatures are required to process the transaction?	Only one signature is required	Depending on the users specific configuration of the multi-signature wallet Users can set conditions based on different scenarios, allowing the original private key to be reassembled to generate a legitimate signature. For example, in a 2-of-3 multi-signature setup, three shards are created, and any two of them are needed to sign a transaction.