If I conduct a key replacement with a key associated with multiple vaults, will I lose access to these vaults?

 

Your Unchained account allows you to swap one of your keys out for a new one when a key becomes compromised or lost. The video below will guide you on where on your dashboard you can begin this process.

 

Screen Recording 2021-11-11 at 12.12.12 PM

 

A natural question spawns from going through the key replacement process. If I replace key A, will this interrupt any vaults associated with this key?  On the surface, the answer is no. Your vaults will appear as you left them with the same name and balances but with the newly added key as part of the quorum. Depending on your situation, you will have to sign a sweep transaction. In the background, Unchained handles all the heavy lifting of removing the compromised key and creating a new 2-of-3 quorum of keys for you to deposit safely.

To sum up. If you replace Key A with Key B, none of your vaults associated with Key A will be affected.

 

Note: If previously you secured your "External Spend Info" script, you will have to download and secure a new script after the key replacement (for each vault.)