Meet Vault12 at CryptoMondays London, December 9, 2024

The technology behind personal cryptoasset security.

The Vault Cryptostorage platform and Vault12 applications are designed to scale to the needs of cryptocurrency owners, ICO investors, professional cryptocurrency traders, and high net worth investors, who require sophisticated storage and security policies to safeguard their assets.

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The technology behind personal cryptoasset security.

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Meet The Vault Cryptostorage Platform.

The Vault Cryptostorage platform is a self-sovereign platform made up of three innovative core elements: decentralized cryptography (SSS), decentralized storage network (MIST) and an asynchronous Secure Relay Network (ZAX).


Decentralized Cryptography (SSS)

The Vault Cryptostorage platform is based on a powerful cryptographic approach known as Shamir's Secret Sharing. Created by Adi Shamir, the co-inventor of the RSA algorithm, and one of the greatest contributors to the field of cryptography in the world. Shamir's Secret Sharing is where a secret is divided into parts or shards, giving each participant its own unique shard, where some of the shards are needed in order to reconstruct the secret.

The platform uses the Hierarchical Shamir's Secret Sharing (H3S) algorithm, to enable a subset of shards to reconstruct the secret and provide the ability to customize storage and security policies – for more information, see the Vault12 White Paper. This algorithm provides the following unique properties which make it desirable for protecting cryptocurrencies:

Full Privacy

Guardians and their devices have no visibility on any content of the owner's assets, nor will they see any changes during the lifetime of secured assets.

Storage  Extensibility

Additional storage devices bring extra redundancy and reliability, and the MIST network can easily handle hundreds of devices.

Storage Policies

In the future, owners will be able to customize policies associated with where their sharded assets are stored.

Part 1: The Cryptography behind Vault12 with Terence Spies from Vault12 on Vimeo

Part 2: The Cryptography behind Vault12 with Terence Spies from Vault12 on Vimeo

Decentralized Storage (MIST)

Cryptocurrency secured by the Vault12 app is stored on a MIST Network made up of the personal mobile devices used by trusted people known as Guardians. To provide scalability and redundancy around the globe, it is combined with a secure asynchronous messaging network. Together they provide all the communications necessary to connect Owner and Guardian devices around the world.

The MIST Network and Secure Relay Network are designed with the following scalability properties:

Full privacy

Guardians and their devices have no visibility on any content of the owner's assets, nor should they see any changes during the lifetime of secured assets. This is a critical differentiator when comparing with multi-sig "co-ownership" of crypto assets.

Storage Extensibility

Additional storage devices bring extra redundancy and reliability, and the MIST network can easily handle hundreds of devices. This is a natural property of threshold secret sharing that enables the generation of hundreds of shards.

Storage Policies

In the future, owners will be able to customize policies associated with where their sharded assets are stored, e.g., how many devices, geo-location policies, and policies relating to active/inactive Guardian devices.

Vault12 Self-Sovereign Applications.

The Vault12 has created self-sovereign mobile app that respects consumer privacy, gives control to the consumer of their own data and provides secure storage as well as the secure transfer of encrypted data between trusted devices – phones and tablets. The app is used by owners and Guardians alike and creates the personal mesh network used to store your cryptocurrency assets.

Sometimes you need to secure or restore assets to/from your desktop computer. The Vault12 desktop client for Windows and OSX pairs directly with your phone to establish a secure, unbreakable communications channel. Any asset can be securely sharded or restored into your vault using any number of paired desktop clients.

Vault12 Self-Sovereign Applications.
MIST Network.

MIST Network.

The Mesh Information Storage (MIST) Network is implemented through your Vault12 app and enables your Guardian devices to store shards of your cryptocurrency assets automatically.

ZAX - Vault Secure Relay Network.

To ensure that your crypto assets can be accessed as needed, Vault12 created a secure asynchronous messaging network, known as ZAX, which is completly open-sourced. This provides all the communications necessary to connect Owner and Guardian devices around the world.

ZAX - Vault Secure Relay Network.
Vault Guardian Token ($VGT).

Vault Guardian Token ($VGT).

VGT is an Ethereum (ERC-20) compliant digital currency used to exchange value on the Vault12 network. Vault12 users purchase Vault subscriptions with VGT at a discount.

In the future, the tokens will be used to pay service providers who deliver highly reliable security, redundancy, and availability across private relay networks, to ensure you have the highest degrees of access and security for your assets globally.

Vault12 At A Glance
The Vault Cryptostorage platform is made up of core elements based on two fundamental innovations: decentralized cryptography and a decentralized storage network.
Decentralized Cryptography
Vault12 uses a powerful form of cryptography known as Hierarchical Threshold Shamir Secret Sharing (H3S) which splits your crypto assets into shards and distributes them across a mesh network of trusted people and devices.
Decentralized Storage
Once encrypted the resulting shards are stored in a mesh information storage (MIST) network of trusted people and devices, known as Guardians, that you invite to secure your vault.
Cryptostorage Vaults
Vaults can store any assets that represent root artifacts of your cryptocurrencies. Be that pre-generated private keys, derivation seeds, QR codes, recovery phrases, or even hand-written notes – any asset of any currency can be stored in your Vault.
Restoration and Responding
Not all of your Guardians need to respond to restore requests – your cryptocurrency assets can be restored fully with only a partial number of Guardians. In the future, you will be able to define exactly what that storage policy is for each vault.
Security and Privacy
Cryptocurrencies are opaquely stored on a mesh network of devices – which are controlled by you and your trusted circle. You have complete ownership and privacy of your data – Vault12, the company, guardians or anyone else cannot access or see the data.
Security and Storage Policies
You will be able to define security policies for adding more than 6 Guardians, assigning high-security Guardians, and defining how many Guardians needed to unlock your assets. For storage, you will be able to define additional members of your mesh network to provide greater resilience, global distribution, and redundancy.

Get started now.

The Vault12 Guard app is now available from iOS and Android app stores.

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