Table of Contents
The Problem: Crypto is Too Hard for Normal People
If using crypto was as easy as checking your email, would more people use it? That’s the question Para asked themselves when they realized that most people would rather avoid crypto entirely than deal with 12 word recovery phrases that could lose them everything.
When Para started as Capsule in 2022, their mission was simple: make blockchains work for everyone, not just tech experts. The gap between crypto’s promise and reality was massive. Crypto promised freedom and control, but delivered complexity and fear.
The barrier wasn’t the technology itself, it was everything surrounding it. Seed phrases that couldn’t be recovered. Multiple confusing networks. Fees that made no sense. One wrong click could cost you everything.
Most people took one look and walked away.
What Para Actually Does
Para stands for making crypto as easy as logging into any normal app. They built what they call “universal embedded wallets”,: which is a fancy way of saying “crypto wallets that work like everything else you’re used to.”
Here’s what that means for regular people:
No More Seed Phrases: Users can log in with their email, Google account, or even just their face or fingerprint (using something called passkeys). If they forget their password, they can recover their wallet just like they would recover their Instagram account.
Works Everywhere: Para wallets work across different blockchains (like Ethereum, Solana, and others) so users only need one wallet instead of juggling multiple apps.
Actually Secure: Unlike many “easy” solutions that compromise on security, Para uses advanced encryption called MPC (Multi-Party Computation) that splits your private key into pieces stored in different places, so no one, not even Para, can access your money.
The Tech Behind the Magic: Distributed Multi-Party Computation (MPC)
Para’s secret sauce is something called Distributed Multi-Party Computation (MPC). In simple terms:
- Your wallet’s “master key” is split into multiple pieces
- These pieces are stored in different secure locations
- When you want to make a transaction, these pieces work together to sign it without ever being in the same place
- This means there’s no single point of failure, if one piece gets compromised, your money is still safe
Para also uses passkeys, which leverage secure chips in your phone or computer to add an extra layer of protection. It’s like having a vault that requires multiple keys, but one of those keys is literally built into your device.
Real Impact: Making Web3 Identity Accessible
Take ENS (Ethereum Name Service), which lets people get human readable names like “yourname.eth” instead of confusing wallet addresses. ENS partnered with Para to power their official ENS Manager App, and the results show why this approach works.
Before Para, getting an ENS name required:
- Having an existing crypto wallet
- Understanding how to connect it to websites
- Knowing how to manage transactions and gas fees
Now with Para embedded in the ENS app, users can:
- Create a wallet instantly and buy an ENS name with just email or social login
- Use their ENS name immediately across all crypto apps without downloads or seed phrases
- Connect existing ENS names universally across apps
As ENS put it: Para makes crypto identity “just as accessible to crypto newcomers” as it is to crypto experts. For many people, ENS becomes their entry point into crypto, and Para makes that possible.
Para’s Evolution: From Capsule to Something Bigger
Para recently rebranded from “Capsule” to reflect their broader mission. The name change isn’t just cosmetic, it represents their evolution from a simple wallet tool to a complete platform for bringing crypto to everyone.
As they put it: “Our evolution to Para is foundationally a step towards embracing the core of what we do, we help developers and their users get the best of what’s onchain”.
The New Developer Portal: Making It Easy to Build
Para just launched a completely redesigned Developer Portal that makes it easier for companies to integrate crypto features. Think of it as the control center where businesses can:
- Set up wallets for their users in minutes, not days
- Track how people are using their crypto features with detailed analytics
- Control security settings, payment options, and branding
- Manage teams with different permission levels
The new portal is “built for every kind of team, from solo developers to ecosystem foundations” and focuses on helping businesses grow without compromising on security.
Breaking Down Barriers Across Ecosystems
One of Para’s biggest innovations is solving the “ecosystem problem” in crypto. Currently, if you use an app built on Ethereum, you need one wallet. If you use a Solana app, you might need a different wallet. Para changes this.
With Para’s “ecosystem approach,” users get “one universal identity that travels with them wherever they go”. They partnered with networks like Camp to create “a universal embedded wallet that unifies IP, reputation, and identity across every application”.
Major Partnerships Prove It Works
Para isn’t just a theory, major players in crypto are betting on their approach:
ENS (Ethereum Name Service): “The universality of Para’s embedded wallets makes them an ideal partner in our mission to make ENS names available to anyone”
MetaMask: Para is one of the first companies selected for MetaMask’s new Account Snaps program, bringing their embedded wallets directly into the world’s most popular crypto wallet
Vana Network: “Para empowered 1 million users to take control of their data on r/datadao”
Enterprise Grade Security (That Actually Matters)
Para recently completed SOC 2 compliance certification, with their Type I Audit completed in 2024 and Type II Audit completed in January 2025. This isn’t just a fancy certificate, it means Para meets the same security standards that banks and major corporations require.
They also support multiple blockchains natively, meaning developers can build applications that work across Ethereum, Solana, and other networks without users needing to understand the differences.
What This Means for the Future
Para represents a fundamental shift in how we think about crypto adoption. Instead of expecting people to learn crypto’s complex rules, Para makes crypto work within the rules people already understand.
Their vision is “a world where the internet is built around people, not corporate walled gardens. Where we are in control of our identities, data, and value and can bring ourselves across the digital world”.
The early numbers suggest this approach works. Over the last two years, they’ve supported “hundreds of developers and their millions of users across nearly every major ecosystem”.
The Bottom Line
Para is solving crypto’s biggest problem: it’s too hard to use. By making crypto wallets function like everything else people use online, while keeping them more secure than traditional alternatives, Para is building the infrastructure that could finally bring cryptocurrency to mainstream adoption.
For developers, Para provides tools to add crypto features without making their users feel like they need a PhD in blockchain technology. For users, it means being able to benefit from crypto’s advantages (true ownership, global payments, new types of applications) without crypto’s traditional headaches.
As Para puts it, “Para’s mission is to simplify interacting with blockchains,” and judging by their growth and partnerships, they’re succeeding.
Ready to start integrating Para in your apps? Click here to Get started with Para’s documentation and see how easy it is to add universal embedded wallets to your application.
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