Common Interest Protocol ("CIP") is a decentralized multi-party computation (MPC) network for web3. The process allows validator owners to backup, encrypt and recover validator keys on the Ethereum blockchain in a permissionless manner. The network provides trustless coordination for off-chain computation with arbitrary business logic. CIP immediately enables protocols to stop relying on inefficient multisig systems and allows for a more cryptographically secure and gas-efficient multichain MPC account.
Common Interest Protocol Resources:
Common Interest Protocol Documentation: https://docs.joinstakehouse.com/protocol/learn/CommonInterestProtocol
Common Interest Protocol Overview:
See Bingsheng and Justin from Blockswap talk about Common Interest Protocol at Blockswap’s Multichain ETH event at Devconnect.
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