GateChain uses its unique Vault Account technology and clearing system to provide utmost safety possible for users assets at GateChain. GateChain can provide safety guarantee in the two typical scenarios:
- Private key theft： provides revocable transaction, that supports transaction alarm and can give users enough time to revoke the transaction.
- Private key missing： provide clear transaction, that can use a Vault Account to clear and transfer asset out from an account to which private key is missing.
- A Standard Account is a traditional blockchain account, suitable for normal transfer. Changes to account sate takes effect immediately. It does not support “revoke”request.
- Vault account is an account created for allowing revocable transaction. It supports delayed transaction. When creating Vault Account, you need to bind a newly created Standard Account.