Distributed, decentralized and serverless digital custody for all your cryptocurrency.
The Vault Cryptostorage Platform is a new, open-source initiative to leverage decentralized cryptography and storage to protect our most precious digital assets. Today, this means cryptocurrencies. In the future, this could include titles, passports, house keys, car keys and all kinds of other digital credentials.
Powered by Hierarchical Shamir's Secret Sharing (H3S) cryptographic algorithm with perfect theoretical security, the Vault Cryptostorage Platform distributes secrets across a trusted mesh network of personal mobile devices designated by cryptocurrency owners.
Designed to be used alongside traditional hardware, software and online wallets, the Vault Cryptostorage Platform gives cryptocurrency owners the peace of mind that their crypto assets not only remain backed up and cryptographically secure, but also accessible regardless of well-known and emerging threat vectors. The Vault Cryptostorage Platform takes an entirely new, decentralized cryptographic approach that can be easily deployed on existing mobile devices and combines it with a distributed storage network, which is made possible with the advent of decentralized cryptography.
In a world where our most precious digital assets include cryptocurrencies, the security of these assets is at an unprecedented threat level. Whether it is natural disasters, organized crime rings, malicious governments, hacked accounts or the very fabric of our computer chips, the default security of our digital landscape is broken. And yet, cryptocurrencies themselves are just at the beginning of a new, world-wide shift towards empowering individual ownership secured by fundamental cryptography. In a few years, it won’t be just cryptocurrencies. It will be house keys, car keys, real estate titles and all sorts of personal property that are secured by cryptographic keys.
As cryptocurrency investors start to invest in more and more coins, the number of accounts and wallets needed will also increase. Given the threat landscape, protecting this currency, whether for the short term or the long haul, is critical. A better solution is needed to prevent more high-profile hacks and the subsequent loss of assets — some of it irretrievably.
The Vault Cryptostorage platform delivers an entirely new distributed and decentralized cryptographic approach and combines it with an innovative storage network made possible with the advent of serverless technologies.
Vault12 uses a powerful form of cryptography known as Hierarchical Threshold Shamir Secret Sharing (H3S) which splits your crypto assets into shards and distributes them across a mesh network of trusted people and devices.
Once encrypted the resulting shards are stored in a mesh information storage (MIST) network of trusted people and devices, known as Guardians, that you invite to secure your vault.
Vaults can store any assets that represent root artifacts of your cryptocurrencies. Be that pre-generated private keys, derivation seeds, QR codes, recovery phrases or even hand-written notes – any asset of any currency can be stored in your Vault.
Not all of your Guardians need to respond to restore requests - your cryptocurrency assets can be restored fully with only a partial number of Guardians. In the future, you will be able to define exactly what that storage policy is for each vault.
Security and Privacy
Cryptocurrencies are opaquely stored on a mesh network of devices - which are controlled by you and your trusted circle. You have complete ownership and privacy of your data - Vault12, the company, guardians or anyone else cannot access or see the data.
Security and Storage Policies
You will be able to define security policies for adding more than 6 Guardians, assigning high-security Guardians, and defining how many Guardians needed to unlock your assets. For storage, you will be able to define additional members of your mesh network to provide greater resilience, global distribution, and redundancy.
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