Bitcoin Vault (BTCV) was launched in 2019 as an alpha chain. It was development heavily between December 2019 and November 2020, which saw the release of the key feature enabling reversible transactions on the blockchain.
Bitcoin Vault is the world’s first cryptocurrency that allows users to cancel transactions after they are posted to the blockchain. This revolutionary approach is possible with a customized blockchain protocol which confirms payments within 144 blocks (or around 24 hours). This feature protects users from losing their funds in case of common key thefts, user mistakes or errors and bugs.
Bitcoin Vault is a hard fork of Bitcoin Royale, adding one private key to the process, bringing the total to three. Since launching in late 2019, we have expanded the technical and market foundations in line with an ambitious roadmap extending to 2022 and beyond.