Para makes universal embedded wallets composable and secure, with MPC key management, and built-in permission controls.
A universal embedded wallet allows users to bring the same account to any application. Users onboard once and transact everywhere, bringing the same account, identity, reputation, and assets to all apps in an ecosystem. No repeated sign-ups, no fragmented liquidity.
However, this is difficult to do securely. Para has been architected from day 1 to make universal wallets both easy and safe to use.
Benefits: Para versus Others
Benefit
Para
Others eg. Privy, Dynamic
Enable users to connect one account to multiple apps
Connect to any app with universal wallets by default
Connect to apps that opted in to allow sharing
Enable developers to access users and liquidity from other ecosystems
Seamless access to EVM, Solana, and Cosmos wallets
No access to wallets from other ecosystems
Flexible and transparent billing and permissions that grow with you
Users enjoy native interoperability, no matter who’s footing the bill.
Apps graduating from ecosystem-sponsored plans may no longer benefit from interoperability.
Dedicated support channels for ecosystem teams
Available on Slack, Telegram, and Discord
Your experience may vary
Security: Para versus Others
Para offers a few specific features that enhance ecosystem wallet security:
Para’s use of Distributed MPC for key management limits exposure of private keys and allows wallet sharing to occur safely
Permissions require certain checks to pass or a user to complete their passkey/password step again before an app can route a transaction to the chain.
Ecosystem Permissions Configurations and Defaults allow ecosystems to set default permission configs for all apps, as well as manage and allow certain apps to have differentiated permissions (eg. allow a social app to bypass popups for zero-value transactions)
Para Permissions require certain checks to pass or a user to complete their password/passkey step before an app can route a transaction to the chain, adding an additional layer of protection to Universal Wallets.
Benefit
Para
Others eg. Privy, Dynamic
Key Management
Para uses Multi-Party Computation, meaning apps never see the full EOA and the private key is never held in one location.
Private keys are assembled and stored in the browser where they can be targeted.
Permissions
Each app gets differentiated key material per EOA/address, enabling per-app enforceable and revocable permissions.
No per-app transaction permission controls in most other implementations.
Smart Contract Wallets
Para supports but does not require smart contract wallets.
Every transaction passes pre-RPC permission checks that can be customized per app.
Default permission policies also ensure a minimum security threshold across all apps.
Other wallets often require smart contracts but lack cryptographic isolation, allowing least-common-denominator attacks. Compromising one key can compromise the whole wallet.
Auth Threat Model
Para uses both social login and passkeys.
If a user is SIM-swapped or locked out of Google, they still retain access.
Built-in recovery mechanisms allow account restoration without compromising keys.
In many other systems, auth = access. Losing your login often means losing your wallet.
Security, Censorship Resistance, and Vendor Lock-in: Para versus Others
Para is designed as a fully non-custodial solution, ensuring users always retain ultimate control of their assets. Para's non-custodial setup means Para never has custody of private keys or direct access to user funds. This significantly enhances security, reduces counterparty risk, and empowers users to maintain autonomy and independence at all times, including the freedom to exit the system.
Benefit
Para
Others eg. Privy, Dynamic
Asset Ownership
Users retain full ownership and control of private keys through MPC architecture, meaning Para never has custody.
Other solutions may rely on shared key management or custodial setups, placing assets at risk if compromised.
User Autonomy
Users independently access and recover wallets through passkey/social recovery, ensuring uninterrupted autonomy.
Wallet recovery often depends solely on the wallet provider, limiting user autonomy and increasing third-party dependence.
Private Key Export
Users can securely export private keys, allowing easy migration to other wallets or cold storage without Para’s involvement.
Many wallet providers don’t support key exports, effectively locking users into their ecosystem.
System Independence
Para ensures complete asset portability, giving users freedom of wallet infrastructure.
Other wallets often restrict portability, creating lock-in scenarios and limiting user freedom.
Vendor Lock-in
Para prevents vendor lock-in with secure key export and interoperability, facilitating easy transitions across platforms.
Other solutions rely heavily on proprietary systems, reducing flexibility and increasing dependency on a single vendor.
Embedded Wallet Pricing Transparency
For ecosystems and developers, transparent pricing is essential. Para is built to make it easy to understand what you’re paying for and how costs scale.
Unlike other wallets that bury fees in hard-to-audit infrastructure, Para prioritizes transparent pricing, no hidden fees, and sustainable usage-based pricing.
Predictable cost models mean no surprises for teams supporting apps across ecosystems
End users stay protected from unexpected fees during authentication or transaction signing
