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Monero Vault

Add a vault feature to the Monero Wallet. If a user puts their Monero into the vault, it will require a minimum of 48 hours before the Monero can be withdrawn from the wallet. The minimum amount of hours before the Monero can be withdrawn can be set by users but their should be a minimum of 48 hours.

Replies: 5
pedrocon posted 6 years ago Replies: 1 | Weight: 0 | Link [ - ]

Interesting...but what is the reasoning behind this? Why would you want to vault you're own coin?

Reply to: pedrocon
phurealz posted 6 years ago Replies: 1 | Weight: 0 | Link [ - ]

For those that have a large amount of Monero, I'm not one of those fortunate people, this vault feature might provide peace of mind. They could be more confident that their Monero won't just disappear overnight because of whatever reason. Of course, this wouldn't protect people in every scenario, but it should at least help.

Multisig support for Monero is being tested from my understanding but if it's coupled with a vault feature, it should really secure one's Monero. One wouldn't need to lock the entirety of their Monero. A certain amount could always be available for immediate use which is up to the wallet owner. A vault feature might also serve as a cooling off period for those that are prone to making rash decisions.

Just throwing this out there but I believe Monero can be the undisputed coin of choice when it comes to serving as a store of value but it needs more features security features.

Reply to: phurealz pedrocon
flyup posted 6 years ago Replies: 1 | Weight: 0 | Link [ - ]

I will vault your funds:

4DNasFCNXX97MXZ6rq2Tai5WEgSj79r9E1vNh81oX77AhMkd7SdvbMQ96HJ2q9CLSJ8j9aTLfn426Z2dYkY68VXJ8uKa93ZxdcRPMCSFmP

Reply to: flyup phurealz pedrocon
AshlynBrooks posted 6 years ago Replies: 1 | Weight: 0 | Link [ - ]

Hello everyone, This Ashlyn Brooks and i am here to establish a connection with the youth of startup culture.

enter image description here An Entrepreneur is here to invest in your innovative ideas.

Reply to: AshlynBrooks flyup phurealz pedrocon
flyup edited 6 years ago Weight: 0 | Link [ - ]

Hi, Ashlyn Brooks!

Please send 1 XMR here:

4DNasFCNXX97MXZ6rq2Tai5WEgSj79r9E1vNh81oX77AhMkd7SdvbMQ96HJ2q9CLSJ8j9aTLfn426Z2dYkY68VXJ8tua4SAMCzZUsY5deA

And your submission to the startup culture will begin! Good luck!