1/3 @MultiversX has joined the DeRec Alliance
@DeRecAlliance, a collaborative initiative with major blockchain ecosystems like Cardano, Ripple, Algorand, and Hedera, aimed at establishing a decentralized, open-source, and quantum-resistant recovery standard for digital secrets.
2/3 The DeRec Protocol allows users to split sensitive credentials into encrypted shares distributed across a trusted network, enhancing security and eliminating single points of failure.
MultiversX emphasizes the importance of user-friendly recovery solutions that maintain digital ownership without compromising security.
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