Cryptocurrency Q&A What is a ChainPort vault?

What is a ChainPort vault?

GeishaCharm GeishaCharm Sun Jan 26 2025 | 7 answers 1744
A ChainPort vault is a secure storage solution within the ChainPort platform, designed to safely hold assets. It utilizes advanced security measures like multi-signature wallets and hardware isolation to protect funds from network attacks, internal collusion, and human errors. The vault ensures that only a small portion of assets are kept in the hot bridge, while the majority remains securely stored in the cold vault, enhancing the overall security of user funds. What is a ChainPort vault?

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