ZenGo Integrates Polygon Self-Custody Wallet with Built-in MPC Protection

•  ZenGo hopes to leverage its impressive security record to attract users to the Polygon ecosystem.
• Its built-in firewall, ClearSign, helps users understand the permissions they are approving, preventing them from signing dangerous transactions.

ZenGo, a multiplatform self-custodial cryptocurrency wallet, has launched the first secure Polygon wallet without seed phrase vulnerabilities. The new wallet uses ZenGo’s proprietary MPC cryptography technology to provide users with a more secure and user-friendly experience.

Polygon is a popular Ethereum scaling network that offers faster and cheaper transactions. However, it has been criticized for its security vulnerabilities. ZenGo’s new wallet addresses these concerns by eliminating the need for seed phrases, which are a common point of failure for cryptocurrency wallets.

Instead of using a seed phrase, ZenGo’s wallet creates two mathematically independent “shares.” One share is stored on the user’s mobile device and the other is stored on ZenGo’s server. This ensures that no single point of failure can compromise the user’s wallet.

ZenGo’s wallet also features a number of other security measures, including built-in firewall protection, 3-factor authentication, and ClearSign. ClearSign is a feature that helps users understand the permissions they are approving before they sign a transaction.

Ouriel Ohayon, CEO and Co-Founder at ZenGo, commented on the launch of the new wallet:

“We’re delighted to become the first Polygon wallet with no seed phrase vulnerability and built-in web3 firewall protection. We’ve been blown away by the innovation, engagement, and growth in the Polygon ecosystem, the global brands building on it, and can’t wait to securely onboard newcomers.”

The launch of ZenGo’s new Polygon wallet is a significant step forward for the security of cryptocurrency wallets. It offers users a more secure and user-friendly way to store their Polygon tokens.

As the cryptocurrency industry continues to grow, security is becoming increasingly important. ZenGo’s new wallet is a welcome addition to the market and it offers a secure and user-friendly way to store cryptocurrencies.