Why does Gridlock have 2 parts of my key?
Gridlock keeps two key shards to prioritize your accessibility while maintaining utmost security. However, it is important to note that these two fragments alone hold no authority in performing actions within your wallet. The most authoritative share of the key is exclusively with you, and even Gridlock cannot access it.
Gridlock always ensures its availability by remaining online with its two provided guardians. This means you can always access your funds quickly and easily To access your wallet, a minimum of three out of the five designated devices must be online.
The implementation of the three-out-of-five rule is deliberate, allowing you to regain access in various scenarios such as losing your guardians or if Gridlock is unavailable. The requirement is that you, paired with any two other parts of the network, can provide the necessary combination to unlock and access your wallet securely.
Last updated