Welcome to WalletPort
Last updated
Last updated
WalletPort has created a system that allows users to protect their assets from various scenarios where they may lose access to their wallet. With WalletPort's services, users can set a time period after which, if no interaction has occurred, their assets will be automatically transferred to a backup wallet. This means that users can afford to lose their keys without losing their assets.
For example, if a user stores 10 ETH in a User Wallet and links the wallet to WalletPort's protocol, they can specify a time period, such as 6 months. If there's no activity in the primary wallet for the set period, the funds are automatically moved to a predetermined secondary wallet.
This provides a solution for users who lose their seed phrase, allowing them to regain access to their funds in the secondary wallet after the set time period without any user action.