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A blockchain, originally block chain, is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). By design, a blockchain is resistant to modification of its data. This is because once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks.
Bitcoin Vault is the world's first cryptocurrency to roll out an ecosystem of tools and services allowing users to Cancel transactions, send Secure payments, as well as bypass the safety features and send Fast Secure transactions.
Bitcoin Vault ($BTCV) has the 3-Key Security Solution that allows users to reverse transactions within 24 hours (144 blocks). If your local wallet's security is compromised, you can cancel the fraudulent money transfer and protect your assets. We are a dedicated team of developers who want to create the most secure cryptocurrency.
The 3-Key Security Solution is the core feature of Bitcoin Vault ($ BTCV). It includes the Standard Private Key required to initiate any transaction, the Cancel Private Key allowing the transaction to be recovered, the Fast Private Key allowing the transaction to be executed immediately, together with the remaining two keys. This solution provides an additional security feature that is unique among currently available cryptocurrencies. Bitcoin Vault was developed to achieve an extra level of security based on the 3-Key Security Solution. It has all the advantages of Bitcoin while adding essential features to provide transparency and user freedom. Bitcoin Vault is our answer to the problems faced by the cryptocurrency community over the past decade. In the following days, you will learn more about each key and its uses.
Bitcoin Vault ($ BTCV) has the 3-Key Security Solution implemented. The Standard Private Key is the first key in our 3-Key Security Solution. How does it work? The Standard Private Key allows users to access their wallet, check their balance and make transfers. When using this key, all transactions are placed on a 24-hour waiting list.
Bitcoin Vault ($ BTCV) has the 3-Key Security Solution implemented. The Cancel Transaction Key is the second key in our 3-Key Security Solution. How does it work? The Cancel Transaction Key is required to reverse a transaction when you didn't authorize it or changed your mind. It can be used within 24 hours (144 blocks). Once canceled, the funds will be sent in the following block to any wallet of your choice. We recommend generating a new address with new public keys in case of a security breach.
Bitcoin Vault ($ BTCV) has a 3-Key Security Solution implemented. The Fast Transaction Key can be used to immediately execute a transaction bypassing security measures. To use the Fast Transaction Key you will also need the other two keys. Transaction executed this way should take around 10 minutes to be confirmed.
List of exchanges is constantly updated on our website https://bitcoinvault.global/ecosystem