Litho
  • Lithosphere
  • Abstract
  • Design Concept
  • Design Objectives
  • Smart Contracts & Decentralized Finance (DeFi)
  • Positioning
  • Lithosphere Architecture and Technology
  • Myriad Distributed Key Management (MDKM)
  • Threshold signature
  • Litho Coin
  • LAX – Algorithmic Stablecoin
  • Consensus Mechanism
  • Cross-Chain Integration
  • Cross-Chain Transactions
  • Deep Neural Networks (DNN)
  • LEP100 Multi-chain Token Standard
  • Validators
  • Linear-communication BFT Consensus
  • Myriad Distributed Key Management
  • LEP100 Token Standard
  • Why should your DeFi project use the LEP100 Token Standard?
  • LEP100 Token Features
  • Verification Nodes
  • Locked Account Generation Scheme
    • Introduction
    • General Nodes
    • Design Description
    • Scheme Generation
    • Advantages
      • Easy Integration and Efficient Data Storage
      • Smart Contract Token Transaction Anonymity
      • Fully Decentralized without Third-Party Participation
      • Secure and stable
      • One-Time Account System
      • Ring Signature Scheme
      • Cryptography Based Security Guarantee
      • Smart Contracts
        • Contract multi-triggering mechanism Diversity of triggering conditions
        • Enhancements and compatibility
        • Contract enclosed call
        • Contract development
        • Timing and trigger conditions
        • Rapid development and interface
        • To use multiple triggers to realize complex financial functions
  • Community operation plan
  • Project promotion method
  • A movement to Promote Blockchain Technology
  • The Standardization of Blockchain Interfaces Movement
  • Lithosphere Applications
  • Current Lithosphere Features
    • Lithosphere Products
    • Lithosphere Project Governance
    • Funding for the project
  • Roadmap
  • Conclusion
  • Disclaimer
  • Glossary
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Myriad Distributed Key Management

PreviousLinear-communication BFT ConsensusNextLEP100 Token Standard

Last updated 3 years ago

Myriad Distributed Key Management realizes the generation of public-private key pairs and addresses and the transaction signatures on the target blockchain in a distributed manner through several nodes and according to digital signature algorithms adopted by the target blockchain, thus realizing the control and management of accounts and assets on the target blockchain in a distributed manner.

Such a technical route enables MDKM to be compatible with as many digital assets controlled by encryption algorithms as possible, whether these digital assets are generated on a centralized or decentralized basis. By supporting a signature algorithm with MDKM, a series of encrypted digital assets with the same signature algorithm can be controlled and managed.

At present, most (over 80%) of encrypted digital currencies adopt the same ECDSA signature algorithm as Bitcoin and Ethereum, so MDKM first chooses to implement support for the ECDSA signature algorithm. In addition, MDKM will support encryption currencies that use different signature algorithms, such as Stellar’s Ed25519 signature algorithm [JL17], and Schnorr’s signature algorithm.