Vaults

Vaults in THORWallet are a new standard of multi-signature wallets created by Vultisig, integrated into Thorwallet for enhanced security. There are two types of vaults: Hot Vaults and Cold Vaults. These vaults offer advanced protection by requiring multiple signatures to authorize transactions

How do Hot Vaults work?

In a Hot Vault, you have two vault shares:

• User-side share: Stored on your device.

• Server-side share: Stored on the server (sent to you via email as backup).

When using Fast Sign in Hot Vaults, your device signs the transaction (user-side share), and the server automatically signs it (server-side share). If the server is offline, you can import the server-side share (sent via email) onto another device and perform a paired sign to complete the transaction

Hot Vault Working

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Hot Vault Creation Guide

All backup files of each device should be stored in separate locations to protect your assets. This ensures that even if one location is compromised, your assets remain secure!