Overview of Vault Signer
Summary
- For a selection of cryptocurrencies, you will be able to hold them in custody on the Vault and interact with them via an extension.
- This includes Tron (including TRC20 tokens), Cosmos and Near with the Ledger Live application functioning as an external wallet.
How does this feature work?
The Vault has both the capacity of a crafter and signer wallet, meaning that you could have an end-to-end integration of coins which would enable users to craft and sign transactions in the same place. This integration is costly in resources and time to develop, encouraging us to look for a more efficient, faster solution which would still retain all of the security and trust you can expect from Ledger Enterprise and the Vault platform.
With the Vault Signer feature, an external wallet takes on the role of the crafter, while the Vault retains all control of the signer. This guarantees that transactions will still have to follow the governance rules enforced by the HSM. The biggest change is that the transactions will be crafted on the extension instead of the Vault.
In a first release, users will be able to connect the workspace to Ledger Live, craft the transaction on the application and approve the request on the Vault with their PSD.