Atlas cryptocurrency wallets are built using Fireblocks' MPC-CMP wallets-as-a-service product, configured as hot wallets where the third MPC key share is held by an API user on an API co-signer, and transaction approvals are automated.
What is MPC-CMP?
Multi-Party Computation - Canetti, Magri, and Micali Protocol, is an advanced, high-speed cryptographic algorithm, released by Fireblocks to improve digital asset security. It enables secure key generation and transaction signing by dividing key shares among parties, reducing signing times while eliminating single points of failure.
Is Atlas a cold wallet?
No, Atlas is configured as a hot wallet. If you're interested in cold wallets, please reach out to your account manager.