Bitcoin Vault was launched in 2019. The builders of BTCV have created a solution to protect against theft. The BTCV ecosystem consists of three parts, which allows you to significantly increase the level of security. The main feature available in BTCV is the cancellation of transactions within 24 hours if an error was made.
First, it is important to understand that Bitcoin Vault is not a fork of Bitcoin. This is a new blockchain based on the Bitcoin code, which uses the same hashing algorithm necessary for mining new coins – SHA-256. And after a whole year of research and development, they were able to launch a 3-Key Security Solution. In LUMI Wallet, you can store, send, and exchange BTCV.
