15h ago
Imagine you wake up one day and you wallet showing $0. happened to the best of them, even OG security gurus, i've seen it since 2021 when i entered the space. almost all the cases had one common thing - the seed phrase , and we may have a fix for this 👇
first of all, what is a seed phrase ? a seed phrase (also known as a recovery phrase, backup phrase, or mnemonic phrase) in crypto is a sequence of 12 to 24 random words that serves as the master key to your cryptocurrency wallet and the funds it controls
@jpthor @marcelharmann - the creators of @THORChain giving us a solution for the seed phrase hacks with a new wallet product. @vultisig if you know Thorchain, its well known for it's security aspects, so the underlying tech for @vultisig is rock solid why it's better than other existing products ? lets find out ..
✨ Enhanced @vultisig Features Advanced Transaction Security: Implement multi-party approval requirements for enhanced security on all outgoing transactions. Ultimate Recovery & Access: Enjoy seedless security, meaning you never have to worry about losing or compromising a complex seed phrase. Layered Organizational Control: Ideal for teams and organizations, enabling multi-signature approval for every transaction to eliminate any single point of failure. Simplified DeFi: Easily access Decentralized Finance (DeFi), including simplified staking and crypto swaps directly from your wallet. Universal Asset Management: Effortlessly handle assets across multiple blockchain networks without complex switching. Seamless Fiat Integration: Bridge between cryptocurrencies and traditional (fiat) currencies with a smooth, integrated process.
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