Update: April 2020 Vault12 Latest Release Now Available
Vault12 Blog

Update: April 2020 Vault12 Latest Release Now Available

In this time of global uncertainty, we believe it is more important than ever to ensure that your precious crypto assets are accessible, safe, and secure at all times. We have been hard at work updating Vault12 to ensure that you can safely backup all your digital assets.


The latest release of Vault12 is now available in the iOS App Store as well as Google Play Store. This release builds on feedback received from our launch in October 2019 and introduces some important new capabilities.

Newly Activated Capabilities

These eagerly awaited capabilities have now been activated. Thank you to everyone who was involved in testing.

  1. Vault owners can now select an annual subscription plan. Vaults are free for the first 30 days and expire at the end of the chosen subscription. Three plans are available — Free, Standard and CryptoPro — details on these plans are available at vault12.com/download.
    Note: VGT holders who choose to fund their accounts with VGT instead of ETH automatically receive a 50% discount.
  2. Guardians can choose the incentive that they wish to receive for guarding Vaults. For now the incentives are free, 0.5 ETH and 1 ETH per annum, and will be paid every month.
    Vault owners must be subscribed to the Standard or CryptoPro subscription plan. All incentives are paid in ETH.
  3. VGT Holders now receive a portion of the transactions from subscribing to plans and incentive payments to Guardians. Details of the transaction split are described here.
    Note: For the next 6 months the transaction split will be waived temporarily so all Guardians will receive their full incentive payments.
    All fees paid to Vault12 will be subject to the 20% transaction split.

Annual Subscription plans.

New Features

In a recent survey we found that 18 out of 20 of the top wallets only provide a paper backup option for the seed phrase, the other two offer backup to a shared drive in addition to paper. We wanted to provide a more direct path to secure seed phrases and to store assets, simplifying the experience, increasing the accessability, and lowering the risk of loss.

CryptoNote enables you to type in your seedphrase directly into your Vault.

CryptoNote. The new method for adding assets to the Vault, by entering 12-, 18- or 24-word seed phrases directly into the app, instead of writing them down on paper. Using the "Text/Custom" option you can also enter regular text, e.g. a password, hint, or other instructions. This data is never stored anywhere, it's encrypted right away and distributed to guardians.

Adding assets via share sheet.

Asset share. Images, text excerpts and any files can be added to the Vault directly from other apps via native sharing dialog on iOS and Android. Just select Share to Vault12 in the menu.

Improved Workflows

Cancel Unlock, Cancel Add Asset. Both these operations can now be canceled, if the owner changes their mind, or if they can't collect enough responses from guardians.

Updated Replace Guardian flow. The logic for replacing guardians was completely rebuilt from scratch, it's more efficient now. Guardians who stay guarding the Vault need to confirm owner's request for replacement manually, just like they do for an unlock request.

App update check. Vault12 now checks on every launch if there's a new version available in the App Store or Google Play, and if so, suggests to download it to get the latest security updates and new features.

Push notifications fix & notification counter badge. On iOS and Android, the app icon now displays the number of missed notifications.

https://www.linkedin.com/company/vault12
https://twitter.com/_vault12_
Vault12 Blog

Update: April 2020 Vault12 Latest Release Now Available

In this time of global uncertainty, we believe it is more important than ever to ensure that your precious crypto assets are accessible, safe, and secure at all times. We have been hard at work updating Vault12 to ensure that you can safely backup all your digital assets.

Discover More
avatar-icon

Vault12

Vault12 is the pioneer in crypto inheritance and backup. The company was founded in 2015 to provide a way to enable everyday crypto customers to add a legacy contact to their cry[to wallets. The Vault12 Guard solution is blockchain-independent, runs on any mobile device with biometric security, and is available in Apple and Google app stores.

star-background

Backup and Inheritance for Bitcoin

vault12-guard
Vault12 Guard Explainer
Get the Vault12 Guard app onto your phone
QR code Vault12 Crypto/NFT InheritanceDownload Vault12 on App StoreDownload Vault12 on Google Play
Vault12 app mockup
Scroll down
Close

Vault12 Product Demo

Get The Vault12 App Onto Your Phone

Download Vault12 on App StoreDownload Vault12 on Google Play
Add a legacy contact for your crypto.