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MPC Wallet - Complete Guide

What is an MPC Wallet?​

MPC stands for Multi-Party Computation. It's a secure, email-based cryptocurrency wallet where:

  • You log in with your email (no seed phrase to memorize or lose)
  • Your private key is split into parts and distributed across secure servers
  • No single person or entity (not even BlockPeer) can access your funds alone
  • Multiple parts must work together to sign transactions

MPC Wallet Benefits​

  • ✅ Email Recovery - Forgot password? Reset via email
  • ✅ No Seed Phrase - Nothing to write down and lose
  • ✅ Team-Friendly - Easy to set up for organizations
  • ✅ Highly Secure - Private key never in one place
  • ✅ Easy Transfers - Send crypto easily from email login
  • ✅ Multi-Blockchain - One wallet for multiple chains

Step 1: Create MPC Wallet​

1.1 Access Wallet Section​

  1. Log into BlockPeer
  2. Enter Books module
  3. Go to Accounting → Wallets
  4. Click + Create Wallet

[SCREENSHOT: Wallets Dashboard with Create Button]

1.2 Select MPC Wallet​

  1. System shows wallet creation options:

    • MPC Wallet
    • Multi-Signature Wallet
    • Watch-Only Wallet

  2. Click Create MPC Wallet

[SCREENSHOT: Wallet Type Selection Screen]

1.3 Enter Wallet Details​

Fill in:

  • Wallet Name: Descriptive name

    • Examples: "Operations Wallet", "Main Treasury", "Client Payments"

  • Description: What this wallet is for (optional)

    • Example: "For daily business transactions and client payouts"

  • Wallet Type: Already set to MPC

  • Creation Date: Auto-filled (today's date)

Click Next

[SCREENSHOT: MPC Wallet Details Form]

1.4 Select Blockchains​

Choose which blockchains to enable on this wallet:

Available Blockchains:

  • Bitcoin
  • Ethereum
  • Polygon
  • Solana
  • Binance Smart Chain (BSC)
  • Avalanche
  • Arbitrum
  • Optimism
  • Fantom
  • Cosmos
  • Harmony
  • Moonbeam
  • XRP Ledger
  • Aptos
  • And 10+ more...

Selection Tips:

  • Select only blockchains you'll actually use
  • More blockchains = more wallet addresses to manage
  • Can always add more later
  • Each blockchain gets a unique address

Click Confirm Blockchain Selection

[SCREENSHOT: Blockchain Selection Checklist]

1.5 Wallet Created​

Your MPC wallet is created! You'll see:

  • Wallet Name: Your chosen name
  • Status: Active
  • Creation Date: Today's date
  • Wallet Address: For each blockchain selected
  • QR Codes: For each blockchain (for easy scanning)

[SCREENSHOT: Wallet Created Success Screen]

Step 2: View Wallet Details​

2.1 Wallet Dashboard​

Go to Accounting → Wallets → Select your MPC wallet

You see:

  1. Wallet Overview

    • Wallet name
    • Status (Active/Inactive)
    • Total balance (in USD equivalent)
    • Last sync time

  2. Blockchain Addresses

    • Bitcoin address
    • Ethereum address
    • Other addresses you enabled
    • QR code for each
    • Copy button for each

  3. Balance by Blockchain

    • Bitcoin holdings
    • Ethereum holdings
    • Other coins
    • Total across all

  4. Recent Transactions

    • Latest 10 transactions
    • Send/receive details
    • Transaction status
    • Date and time

[SCREENSHOT: MPC Wallet Dashboard]

2.2 Account Balances​

See total holdings: Bitcoin (BTC) 2.45 BTC $98,000 Ethereum (ETH) 15.30 ETH $29,070 USDC 50,000 USDC $50,000 Polygon (MATIC) 5,000 MATIC $2,500

Total Wallet Value: $179,570

[SCREENSHOT: Balance Summary View]

Step 3: Receive Funds​

3.1 Get Your Wallet Address​

  1. Open MPC Wallet
  2. Select blockchain you want to receive on
  3. Click Receive
  4. See options:
    • Copy Address: Click to copy wallet address
    • Show QR Code: Display QR for scanning
    • Share Link: Send to someone else

[SCREENSHOT: Receive Funds Screen with QR Code]

3.2 Share Your Address​

Give your wallet address to someone sending you crypto:

  • Copy & Paste: Click "Copy Address"
  • QR Code: Let them scan the QR code
  • Direct Link: Send them the share link

Example Address: To Address: 0x742d35Cc6634C0532925a3b844Bc9e7595f67e1f Amount: 2.5 ETH Blockchain: Ethereum Current Price: $1,850/ETH USD Value: $4,625.00 Network Fee: 0.015 ETH (~$27.75) Total Cost: 2.515 ETH ($4,652.75)

  • ✅ Address correct?
  • ✅ Amount correct?
  • ✅ Fee acceptable?
  • ✅ Blockchain correct?

Click Confirm & Send

[SCREENSHOT: Transaction Review Screen]

4.4 Authorize with Signature​

  1. You'll be prompted to authorize
  2. Click Authorize Transaction
  3. Transaction submitted to blockchain
  4. You see confirmation with transaction hash

[SCREENSHOT: Transaction Authorization]

4.5 Transaction Status​

Track your transaction:

  1. Status shows: Pending → Confirmed → Completed

  2. See details:

    • Transaction hash (ID on blockchain)
    • Block number
    • Number of confirmations
    • Timestamp

  3. When completed:

    • Recipient has funds
    • Blockchain shows as final
    • Your balance updated
    • Transaction in history

[SCREENSHOT: Transaction Status/History]

Step 5: Manage Wallet Settings​

5.1 Edit Wallet​

Go to Wallets → Select wallet → Click Edit

Can modify:

  • Wallet name
  • Description
  • Status (Active/Inactive)

[SCREENSHOT: Edit Wallet Settings]

5.2 Add More Blockchains​

  1. Open wallet
  2. Click Add Blockchains
  3. Select additional chains to enable
  4. Click Save
  5. New addresses generated for each chain

[SCREENSHOT: Add Blockchains Option]

5.3 Wallet Security​

Best practices:

  • ✅ Keep password strong and unique
  • ✅ Enable 2FA on your account
  • ✅ Never share wallet address if you want privacy
  • ✅ Verify addresses before sending (especially large amounts)
  • ✅ Review transaction history regularly

Step 6: Reconcile Wallet​

6.1 Verify Balance​

  1. Go to Wallets → Select MPC wallet

  2. Click Sync Wallet to refresh balances

  3. Compare BlockPeer balance to blockchain explorer:

  4. Enter actual balance on blockchain

  5. Click Reconcile

If balances match: ✅ Reconciliation complete

If balances don't match:

  • Check for pending transactions
  • Wait for blockchain confirmation
  • Verify you're looking at correct address
  • Contact support if discrepancy persists

[SCREENSHOT: Wallet Reconciliation Screen]

7.1 Auto-Sync to Accounts​

  1. Go to Accounting → Chart of Accounts
  2. Find or create account for this wallet (e.g., "Ethereum Holdings")
  3. Click Link Wallet
  4. Select your MPC wallet
  5. Select blockchain
  6. Click Link

[SCREENSHOT: Link Wallet to Account]

7.2 Auto-Syncing Transactions​

Now all transactions automatically:

  • Sync from blockchain
  • Record in Books
  • Post to linked account
  • Update financial reports

No manual entry needed!

[SCREENSHOT: Auto-Synced Transactions in Books]

Common Tasks​

Send Payment to Vendor​

  1. Open MPC Wallet
  2. Click Send
  3. Enter vendor's wallet address
  4. Enter amount
  5. Set fee level
  6. Review and confirm
  7. Payment complete in 5-30 min

Receive Customer Payment​

  1. Open MPC Wallet
  2. Click Receive
  3. Copy address or show QR
  4. Share with customer
  5. Wait for blockchain confirmation
  6. Balance updates automatically

Check Transaction Status​

  1. Open wallet
  2. Go to Transaction History
  3. Find transaction
  4. Click to see full details:
    • Status (Pending/Confirmed)
    • Transaction hash
    • Block number
    • Number of confirmations

Add Second Wallet​

  1. Go to Wallets
  2. Click + Create Wallet
  3. Follow same process
  4. Can have multiple MPC wallets

Troubleshooting​

Q: Transaction not appearing​

A:

  • Wait for blockchain confirmation (5-30 min)
  • Click Sync Wallet to refresh
  • Check blockchain explorer with transaction hash
  • Normal - blockchain confirmation pending

Q: Different balance on chain vs BlockPeer​

A:

  • Pending transactions not yet confirmed
  • Wait for confirmations
  • Click manual sync
  • Check for very recent transactions

Q: Can't send funds​

A:

  • Check you have enough balance
  • Check blockchain not congested
  • Verify recipient address correct
  • Try manual sync first
  • Try again in a few minutes

Q: Forgot wallet recovery​

A:

  • Email-based recovery available
  • Click "Forgot Password" on login
  • Reset via email verification
  • Wallet remains secure

Next Steps​