Overview

The Blockdaemon Institutional Vault provides a secure offline storage option to safeguard the environment for overseeing your digital assets. This feature ensures the safety of your wallet by supporting both hot and cold wallet services as standard, with the option of incorporating cold storage. Integration allows some Hot wallet features, such as transaction creation and policy enforcement. To pair them, you must have accounts for both wallets.

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Note:

Remember that Hot wallet and Cold wallet are separate entities.

Pairing the Hot & Cold Wallet

To integrate the Hot and Cold wallet, follow the steps below:

1. Navigate to your Hot wallet, and log in.

2. Click Settings on the main navigation menu.

3. Click the Wallet Pairing tab.

4. Click the Download Hot Pairing Message button, and you'll receive a prompt to download the pairing message file. This file initiates and authenticates the connection with the Cold wallet.

5. Navigate to the Cold wallet.

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Note:

Ensure that you have accessed the Cold wallet from an air-gapped computer/device.

6. Click Settings on the main navigation menu.

7. Under the Wallet Information tab, click the Upload pairing message button.

8. Select your downloaded pairing message file from your Hot Wallet and click Upload.

9. Navigate back to the Wallet Pairing tab under Settings on your Hot wallet. Click the Upload pairing message button.

10. Upload the file you downloaded from the Cold wallet. This action will automatically populate the extended public key and master key fields, ensuring a secure Hot and Cold wallet integration.

11. Once paired, you can create new accounts. Click Accounts on the main navigation menu.

12. Click the New Account button.

13. Fill in the account name, enable the Cold Account to enable the cold storage feature, and click Create.

14. A notification window will appear, confirming the successful pairing of keys between the Hot and Cold wallet.

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Note:

Keep in mind that the security architecture involves both the parent keys and a multi-layered security system structure. As a result, even if the parent keys are compromised, the overall security of the system remains resilient and intact.