At CPAY, our top priority is to provide users with the highest possible security standards, ensuring that all funds are stored safely and that users maintain full control over them. With our latest platform update, we've introduced several key features designed to significantly enhance user security.
Private Key Delegation
We have introduced a new option that offers users to back up a part of their private key, ensuring that it is never stored on CPAY's servers, while still allowing full access to CPAY services. Additionally, this part of the private key is protected by a password, adding an extra layer of security.
Manual Transaction Signing Mode
CPAY users can now enable Manual Transaction Signing, which adds an additional layer of security. To process a transaction, users must upload the previously downloaded part of their wallet’s private key. Without this key fragment, transactions cannot be processed, ensuring that only the wallet owner can authorize withdrawals. Additionally, this key fragment is protected by a password set by the user, further enhancing security.
Commitment to Security
As we continue our journey towards becoming a fully decentralized financial platform for business operations, our goal is to provide the highest security standards. This update is a significant step forward in ensuring that CPAY users’ funds are stored securely and remain under their exclusive control.
For full details and guidance, visit our documentation page:
https://docs.cpay.world/changes/release-notes/release-4.4/
Stay safe with CPAY!
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