What Is Bitcoin Vault (BTCV)?
Bitcoin Vault is based on Bitcoin’s SHA-256 cryptographic hash function, but brings a revolution in the security aspect through the anti-theft solution using an innovative three-key proprietary wallet.Show more [+] hanks to it, BTCV users have a 24-hour window to cancel unauthorized transactions.
The idea is to give users the possibility to react and eliminate potential theft by reversing the transaction in case one private key is lost or stolen. By delaying the default time necessary to transfer assets from one block (around 10 minutes) to 144 blocks (24 hours), and providing another key to cancel the transfer, users can rest assured that their funds are secure.
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