Oasis Vault has unveiled a new self-custody wallet featuring a 2-of-3 multisignature setup, designed to enhance security by eliminating single points of failure. Users manage two keys for transactions, while Oasis Vault holds a third key for recovery, which involves a 7-day waiting period and security questions. The wallet supports Bitcoin, Ethereum, ERC-20 tokens, NFTs, and CryptoPunks, offering a one-click transfer for Punks.
The wallet prioritizes user privacy by not requiring KYC and plans to add inheritance features and DeFi integration. This initiative aims to provide a balance between user sovereignty and practical security measures.
Oasis Vault Introduces 2-of-3 Multisig Wallet for Enhanced Self-Custody
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