Smart contract automation is transforming how Bitcoin users manage assets, enabling automatic transactions based on predefined conditions. Two key Layer 2| BitVault Blog
Besides the official Telegram Bots such as Gif Bot, WebPageBot, StickerBot, WalletBot, Support Bot, many third-party Telegram Bots are useful integrations to| BitVault Blog
Multisig wallets offer enhanced Bitcoin security by requiring multiple keys to approve transactions, such as a 2-of-3 setup. While they provide better protection, their complexity can overwhelm users. This article explores how to design multisig wallets that are secure yet easy to use, focusing on: Clear Onboarding: Simplify setup with step-by-step instructions, plain language, and […]| Blog
Bitcoin wallets are a prime target for cyberattacks, scams, and physical theft due to their irreversible transactions and high value. Protecting them requires more than manual monitoring – automated threat detection systems now play a critical role. Here’s what you need to know: Why Automation Matters: Manual monitoring can’t keep up with the pace of […]| Blog
Managing Bitcoin securely requires more than just a seed phrase. Multisig wallets and descriptor backups are key tools for protecting your funds and ensuring recovery. Multisig wallets require multiple private keys to authorize transactions, making them safer against theft or loss. Descriptor backups store your wallet’s setup details, like address generation rules and co-signer keys, […]| Blog
Losing access to your Bitcoin wallet can mean losing your funds forever. Backing up your wallet ensures you can recover your Bitcoin in case of theft, hardware failure, or human error. Here’s what you need to know: Seed Phrase & Private Keys: Your seed phrase (12–24 words) is the master key to your wallet. Protect […]| Blog
Threshold Signature Schemes (TSS) offer a smarter way to secure Bitcoin by splitting a private key into multiple shares, ensuring no single party holds the full key. Unlike multisig wallets, TSS transactions appear as regular, single-signature transactions on the blockchain, improving privacy and reducing costs. Here’s why TSS matters: No Single Point of Failure: Key […]| Blog
One of the most common questions we hear is: how does BitVault actually co-sign Bitcoin transactions? The answer lies in a smart combination of multisig security and Bitcoin’s native CheckSequenceVerify (CSV) time-lock. In this article, we’ll break it down step by step. 1. Vault Setup (On-Chain) When you deposit funds into BitVault, they are secured […]| Blog
Multisig wallets improve Bitcoin security by requiring multiple keys for transactions, but setting them up incorrectly can lead to lost funds or vulnerabilities. Common mistakes include poor key backups, misconfigured scripts, insufficient key distribution, software issues, and missing recovery plans. Here’s how you can avoid these errors: Backup Keys Properly: Store backups in multiple secure […]| Blog
Multisig wallets provide extra security for Bitcoin transfers to the Liquid Network. Unlike single-signature wallets, multisig requires multiple approvals, reducing risks during cross-chain transactions. This is especially crucial for "pegging in" (Bitcoin to Liquid) and "pegging out" (Liquid Bitcoin to Bitcoin). The Liquid Network uses a federated multisig system managed by trusted entities, ensuring decentralized […]| Blog
Managing risks on the Lightning Network is critical for its growing adoption. This Layer-2 Bitcoin protocol enables up to 1 million transactions per second at| BitVault Blog
Protecting your Bitcoin goes beyond online threats. Physical attacks, like the "$5 wrench attack", where coercion is used to steal private keys, are| BitVault Blog