Kastor

🔐 Google built a locked vault. The walls are still glass. Picture a bank vault with three locks, and each key lives in a different city. No single thief can open it. That is the idea behind Google Multi Party Compute, which @Google showed for crypto custody on Oct 28. Big institutions are moving real money on chain, and stolen keys are the easiest way in. @CoinDesk, citing Chainalysis, reported that compromised private keys were behind 43.8% of crypto stolen in 2024. According to CoinDesk, a bank could keep one key share in @googlecloud, one on its own hardware and one with another cloud. Before anything is signed, a policy engine checks the bank's rules, like transfer limits or approved wallets. Think of it as a bouncer who checks the list before the three keyholders even meet. Several institutions are testing it, and Alphabet already uses it for its own assets on #Ethereum and #Solana. It is in private preview, with a commercial launch planned for early 2027. Here is the twist. Many people think a safe key means a private transaction. It does not. Once the vault opens, the transfer lands on a public chain where anyone can read it. This is where @MidnightNtwrk takes a different path: zero knowledge proofs let an app prove the rules were followed without showing the data itself. Like showing a guard a stamp that says "over 18" instead of your whole ID. So Google is building a stronger vault, and that is good news. But a vault with glass walls still lets everyone watch what goes in and out. I think institutions will want both: strong locks and frosted glass. discord.gg/gzFxgFSh9