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Vault

security · wallet

A wallet design that adds spending delays, recovery paths, or guardians to limit damage from key theft.

1.definition

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.

2.tradeoffs

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

All terms and definitions may update as the Cryptionary improves.