Vault12 : Decentralized Custody for your Cryptocurrency
Every blockchain aficionado and crypto-lover has faced a unique problem after securing their first crypto assets. Namely, the hesitation, anxiety, and doubts about the safety and security of their newly prized assets.
Perhaps you can relate:
“You pick up a new piece of paper and peer over your shoulders as you swiftly write down your secret seed words. You make at least 3 copies as you think of 3 places to hide them where they could never be found..”
Now, in this instance… I remember my wife walking into the room looking at me “surprised” as I sat hunched overlooking highly suspicious, she remarked:
“In the blacksmith's house, a wooden knife”.
Being a part of one of the most amazing times in the history of this technological revolution, requires something slightly more reassuring and technical than a simple piece of paper to secure your crypto assets.
An incredible team of developers, advisors and world-class investors agree that this needs to be changed and so here comes Vault 12. A new platform based on “Hierarchical Shamir's Secret Sharing” - we’ll dive into what this is later - that will allow you to protect and store your cryptocurrencies with your complete control, privacy, and guaranteed reliability.
This is a necessary step toward achieving mainstream blockchain adoption as not everyone is willing to take on the same risks that current crypto enthusiasts face by “being your own bank”.
Problem
As mentioned, these are amazing times, a new economy is forming right before our eyes and for many of us, this transformation is a once in a lifetime event that will change the way we all think about money.
With the new wave of technology, users are now passed on the responsibility to maintain the information of their:
Private keys
Public keys
Location of each wallet holding assets
Password access to certain wallets
Seed Words to recover and backup certain wallets
The responsibility to maintain every form of access to these assets thus become in full control of the owner. While that is something that is a huge benefit to society, it also allows the human error and nature of mistakes to cause crypto assets to be lost permanently, due to loss a variety of reasons including forgotten keys and access.
TechCloud TV is an online Tech Community Platform to connect like-minded individuals, exchange ideas and explore all things Tech.
Please continue to support us by clicking on the SUBSCRIBE button on our channel.
For more content, click on the links below:
Interview with Blockchain Specialist Recruiter Benjamin Green
[ Ссылка ]
Interview with ValyouX Founder Bobby Oparaocha
[ Ссылка ]
Interview with Alpha Wallet Co-Founder Victor Zhang
[ Ссылка ]
Interview with Certigo's CEO Mamoon Reza
[ Ссылка ]
Interview with Artisia's CEO Kevin Mendoza
[ Ссылка ]
"Meet the TechCloud TV team"
[ Ссылка ]
Meet Vanessa
[ Ссылка ]
Meet Jimmy
[ Ссылка ]
Meet Truong
[ Ссылка ]
Women in Tech:
Ep 0: With Truong
[ Ссылка ]
Ep1: With Karen
[ Ссылка ]
Ep2: With Crypto Influencer Rachel Siegel
[ Ссылка ]
Libra Coin discussion
[ Ссылка ]
Are robots Evil
[ Ссылка ]
F O L L O W - US
► FACEBOOK: [ Ссылка ]
► TWITTER: [ Ссылка ]_
► INSTAGRAM: [ Ссылка ]
► EMAIL:TechCloudTVofficial@gmail.com
