Lit Protocol is a decentralized key management and private compute network designed to provide developers with secure cryptographic primitives in Web3. It offers decentralized signing, encryption/decryption, and private computation using a combination of Multi-Party Computation (MPC), Threshold Signature Schemes (TSS), and Trusted Execution Environments (TEEs). This enables developers to perform operations like signing transactions, encrypting data, or executing code securely across distributed nodes without relying on centralized intermediaries.

At its core, Lit Protocol solves a key challenge in Web3—how to manage secrets securely without compromising decentralization or user experience. Traditional methods either centralize risk on servers or burden users with complex key management. Lit decentralizes this process by splitting and encrypting keys across the network, ensuring there is no single point of failure. This architecture allows for programmable, automated, and verifiable key operations, supporting universal and user-owned accounts.

Lit’s technology powers a wide range of applications, including Web3 wallets, digital identity systems, DeFi, cross-chain interoperability, AI agents, and data oracles. Projects like Collab.Land, Lens Protocol, and Request Network leverage Lit for secure signing, access control, and automation. Through its SDK and open-source tools, developers can easily integrate decentralized security and computation into their products, enabling a more secure, interoperable, and user-centric Web3 ecosystem.