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About BTCV

What Is Bitcoin Vault (BTCV)?Bitcoin Vault is based on Bitcoin’s SHA-256 cryptographic hash function, but brings a revolution in the security aspect through the anti-theft solution using an innovative three-key proprietary wallet. Thanks to it, BTCV users have a 24-hour window to cancel unauthorized transactions. The idea is to give users the possibility to react and eliminate potential theft by reversing the transaction in case one private key is lost or stolen. By delaying the default time necessary to transfer assets from one block (around 10 minutes) to 144 blocks (24 hours), and providing another key to cancel the transfer, users can rest assured that their funds are secure.What Makes Bitcoin Vault Unique?The ecosystem of Bitcoin Vault will allow you to create different types of wallets:· Standard, · 2-Key Vault, · and 3-Key Vault wallet.Each one of them can be used to send and receive crypto assets, but the transactions are different. Apart from Standard transactions, which lack additional security features, users can also make quick Secure Fast transactions and reversible Secure transactions. The reversible transactions are a novelty in the crypto world. They can be canceled within approximately 24 hours, which is the time it takes to mine 144 blocks to confirm the transaction on the blockchain. Now, when a suspicious or erroneous transaction occurs, users have a chance to stop it before their funds are gone!Bitcoin Vault Security Keys• Standard Transaction KeyThe Standard Transaction key is generated along with each wallet. It mainly runs in the background to ensure the smooth operation of all transactions. Apart from functioning like an invisible layer of extra safety, it can also be used to recover the wallet in case of a security breach or technical issue.• Cancel Transaction KeyAs the name suggests, this key allows users to cancel transactions. This has been made possible by regulating the number of blocks it takes to confirm the transaction on the blockchain to 144. It allows wallet owners to reverse a transaction within approximately 24 hours of a regular BTCV transfer.• Fast Transaction KeyThis key is necessary to perform Fast transactions. It can be used to execute a transfer in about 10 minutes, after one block is generated, allowing BTCV users to make quick transactions with trusted parties.How Many Bitcoin Vault (BTCV) Coins Are There In Circulation?The total supply of Bitcoin Vault is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining”: as transactions are relayed across the network, they get picked up by miners and packaged into blocks, which are in turn protected by complex cryptographic calculations.As compensation for spending their computational resources, the miners receive rewards for every block that they successfully add to the blockchain. In order to check all the newest information about the Bitcoin Vault blockchain feel free to check: https://explorer.bitcoinvault.global/.

Bitcoin Vault (BTCV) is a cryptocurrency launched in 2020. BTCV has a current supply of 13.39M with 0 in circulation. The last known price of BTCV is 1.21 USD and is 0.016361835128 over the last 24 hours. It is currently trading on active market(s) with $173,992.79 traded over the last 24 hours. More information can be found at https://bitcoinvault.global/.

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Updated Jul 14, 2024 10:16 am
Bitcoin Vault
Mkt Cap $0
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Frequently Asked Questions

  • What is the all-time high price of Bitcoin Vault (BTCV)?

    The all-time high of BTCV was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Bitcoin Vault (BTCV) is 0. The current price of BTCV is down 0% from its all-time high.

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  • How much Bitcoin Vault (BTCV) is there in circulation?

    As of , there is currently 0 BTCV in circulation. BTCV has a maximum supply of 21.00M.

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  • What is the market cap of Bitcoin Vault (BTCV)?

    The current market cap of BTCV is 0. It is calculated by multiplying the current supply of BTCV by its real-time market price of 1.21.

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  • What is the all-time low price of Bitcoin Vault (BTCV)?

    The all-time low of BTCV was 0 , from which the coin is now up 0%. The all-time low price of Bitcoin Vault (BTCV) is 0. The current price of BTCV is up 0% from its all-time low.

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  • Is Bitcoin Vault (BTCV) a good investment?

    Bitcoin Vault (BTCV) has a market capitalization of $0 and is ranked #9752 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Bitcoin Vault (BTCV) price trends and patterns to find the best time to purchase BTCV.

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