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Recovery Share
HomeGlossary TermsRecovery Share

Recovery Share

April 18, 2024BY Ubik Capital
154Views

A recovery share is a security feature that empowers users to determine the number of shares created and the percentage needed to regenerate a wallet along with its public and private keys. For instance, a user may establish a 5-of-7 share threshold, meaning that a specific number of recovery shares must be combined to restore the wallet. This mechanism enhances security and makes unauthorized access more challenging, albeit introducing some intricacy to the wallet recovery procedure.

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