Odaily Planet Daily News OKX Global Chief Business Officer Lennix tweeted about the "input method has the risk of leaking Web3 user privacy data" event, saying that users have different risks when using electronic products and applications, which may lead to mnemonic words. Or the loss of the private key. Although there are ways to deal with these problems, once the mnemonic/private key is generated, there is a single point of risk, and it is never possible to guarantee 100% security.
In Lennix's view, the best way to solve the single-point risk of mnemonic/private key is to control the risk from the source. It is recommended that users choose OKX MPC without private key, which avoids the risk of private key leakage from the design principle. This is a 2 /3's multi-chain non-private key wallet is also a completely decentralized and non-custodial wallet, which not only avoids the possibility of leaking the user's private key, but also realizes the open and transparent calculation and storage of the user's private key fragments through open source algorithms and clearly traceable.