LogoLogo
  • overview
    • Introduction
    • Architecture and Roles
    • Fireblocks Embedded Wallet
  • Features
    • Supported Networks and Tokens
    • Organization Account and Wallet
    • Passphrase and MPC Key
    • Borrowing and Lending
    • Repayment
    • Liquidation and Physical Delivery
    • Adding and Removing Collateral
    • Withdrawal
    • Settlement Mechanism
    • Transaction Fee
  • Security
    • Security Overview
    • Account and MPC Key Share Security
    • Cloud Infrastructure Security
    • Full Key Recovery
    • Disaster Recovery for Fireblocks Key Share
  • Hypernative 24/7 On-Chain Security Analysis
  • Smart Contract Audit
  • Tutorials
    • MPC Key Generation
    • Wallet Creation and User Invitation
    • Joining Organization
Powered by GitBook
On this page
  • How Full Key Recovery Works
  • Important Considerations
  • When to Use Full Key Recovery
  • Key Export and Import Details
Export as PDF
  1. Security

Full Key Recovery

TSI understands that some users may prefer to manage their own private keys or may need to migrate their assets off the platform. To accommodate this, TSI offers a "Full Key Recovery" feature, powered by Fireblocks' Embedded Wallet solution. This feature allows users to export their full cryptographic keys and take complete control of their assets.

How Full Key Recovery Works

  1. Key Export: Users can initiate the key export process within the TSI platform. This will generate and display the user's full private key.

  2. Key Import: Users can then import this key into any compatible third-party wallet application that supports private key imports, such as MetaMask for Ethereum. This gives users full control and ownership of their assets outside the TSI platform.

Important Considerations

  • Irreversible Action: It is crucial to understand that exporting the full private key is an irreversible action. Once the key is exported, it cannot be re-imported back into TSI as two separate key shares. This means that users who export their keys will no longer be able to use the TSI platform with those specific assets.

  • Security Implications: Exporting the full private key comes with significant security implications. Users become solely responsible for the security and management of their keys. TSI strongly recommends that users exercise caution and take all necessary precautions to protect their keys from unauthorized access or loss.

When to Use Full Key Recovery

This feature is particularly useful in the following scenarios:

  • Leaving TSI: If a user decides to stop using TSI, they can export their keys to maintain control of their assets.

  • Platform Discontinuation: In the unlikely event that TSI or Fireblocks discontinues its services, users can export their keys to ensure continued access to their funds.

Key Export and Import Details

  • ECDSA and EdDSA Keys: Fireblocks Embedded Wallet supports both ECDSA and EdDSA keys, which are used for different blockchain networks. TSI provides clear instructions and tools for exporting and importing both types of keys.

  • Compatibility: The exported keys are compatible with a wide range of popular third-party wallets.

  • Security: The key export process is designed with security in mind, ensuring that the private key is only displayed to the authorized user and is not transmitted over the network.

Note: TSI encourages users to carefully consider the security implications before exporting their full private keys. Once the keys are exported, TSI cannot assist in their recovery or management.

PreviousCloud Infrastructure SecurityNextDisaster Recovery for Fireblocks Key Share

Last updated 2 months ago

Reference:

https://ncw-developers.fireblocks.com/docs/full-key-takeover