Verifiedx Ships Vault Update Aimed at Stopping Hacked Vbtc Transfers Verifiedx Today Released Upgraded Self-custodial

VerifiedX Ships Vault Update Aimed at Stopping Hacked vBTC Transfers VerifiedX today released upgraded self-custodial recovery Vaults as part of its Mainnet 9.0.0 upgrade. Bitcoin holders using vBTC can set a delay before transfers from their vault become final, allowing t

VerifiedX Ships Vault Update Aimed at Stopping Hacked vBTC Transfers VerifiedX today released upgraded self-custodial recovery Vaults as part of its Mainnet 9.0.0 upgrade.

Bitcoin holders using vBTC can set a delay before transfers from their vault become final, allowing them to recall mistaken or unauthorized transfers during that window and recover assets to an owner-designated self-custodial address

These protections are enforced on-chain by VerifiedX network consensus, without requiring a separate custodian. The upgrade also embeds Bitcoin light-client verification into VerifiedX’s validator software, enabling validators to independently verify Bitcoin block headers, proof of work and chain progression with 6 confirmation burial depth. — link

Leave a Reply

Your email address will not be published. Required fields are marked *