Freezing Account
Freezing Account (Locking) is a powerful security feature of W3Smart Wallet.
When do users need to freeze their accounts?
In case the wallet’s owner suspects his account (i.e. device) is compromised (lost, stolen, …), he can use the Freezing Account feature to immediately lock the wallet to protect his assets.
When a user locks a wallet, he has a chance to get a new device and recover his wallet.
A locked wallet cannot:
- Transact
- Add a guardian
- Add/Remove a whitelist’s participant
A locked wallet still can :
- Perform Recovery procedure
- Perform Unlock procedure
- Remove a guardian (by directly interacting with smart contracts)
How to freeze a wallet?
Read our guide article here.
When could users unlock their accounts?
Users can unlock their locked wallets at any time with multi-sig guardians' approval. You can find out more about this approval in this article.
How to unlock a locked wallet?
Read our guide article here.