PalWallet stands out by leveraging a proprietary encryption algorithm combined with Multi-party Computation (MPC) technology. This not only encrypts your conventional mnemonic phrases (12 or 24 words) and private keys but also fortifies them with a unique secret signature derived from your user profile, which incorporates five distinct factors. This advanced approach applies to both non-custodial and custodial wallets, ensuring you maintain uninterrupted access to your funds.

Moreover, PalWallet's infrastructure is designed with your privacy in mind; it doesn't have access to your funds. In contrast to traditional custodial wallet services, PalWallet offers enhanced security for account backup and recovery. By integrating a five-factor client-specific profile signature, we ensure that only you have the ability to recover and manage your account, reaffirming our commitment to your financial autonomy and security.