In @vultisig :
(1) Seed Phrase are not needed: Wallets like MetaMask and Trust Wallet provide 12-24 seed phrases to back up and access funds. If these phrases are exposed, our funds are at risk. Anyone with access to these phrases can control all our funds.
Here's how Vultisig stands out. Instead of seed phrases, it uses a technology called Threshold Signature Scheme (TSS). TSS splits the key into shares across multiple devices used to generate the user wallet. This means no single device holds the full private key, eliminating a single point of exploitation.
(2) Chain Agnostic: Vultisig works across multiple blockchains, unlike some wallets that operate only on EVM. This feature makes it a comprehensive solution for all chain interactions.
(3) Multi-Signature, Multi-Device: Vultisig requires multiple devices to generate, making it inherently multi-signature. Transactions require approval from these devices, so even if one device is lost or compromised, your funds remain secure. All devices are backed up, and their backups are stored in different locations. If one backup location is compromised, the hacker cannot extract funds.
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