Vault
A wallet design that adds spending delays, recovery paths, or guardians to limit damage from key theft.
A crypto vault is a self-custody arrangement that makes spending slower or conditional. Common designs use timelocks, multisig, withdrawal limits, recovery keys, or cancellation transactions.
Vaults can reduce theft risk but add operational complexity. Users must understand recovery procedures, keep backup keys safe, and test the exact spending and cancellation paths before relying on them.
Related terms
3 linkedExplore connected entries beyond the alphabetical index.
Timelock
→A spending rule that prevents a transaction or output from being used until a specified time or block height.
Multi Signature
→A type of digital wallet that requires signatures from multiple private keys to authorize transactions.
Self-Custody
→Holding and securing your own private keys instead of relying on an exchange, custodian, or broker.
All terms and definitions may update as the Cryptionary improves.
