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      • Appendix: Common Components
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On this page
  • Key Features of Bolt
  • How Bolt Works
  • Bolt's Advanced Security: Split-Key Authentication
  1. Züs Apps

Bolt

A new DeFi based on Cloud Storage. Earn steady income with just a few clicks. Keep your earned crypto safe.

PreviousAppendix: Common ComponentsNextGetting Started

Last updated 2 months ago

Bolt is a decentralized finance (DeFi) platform built around cloud storage, enabling you to earn steady income securely by staking ZCN tokens. You can earn storage income through decentralized finance (DeFi) on stored data and experience a new way to generate steady earnings directly from cloud storage.

You can easily swap, hold, transfer, and stake ZCN tokens, benefiting from decentralized storage solutions and unmatched security through Bolt's unique air-gapped wallet and split-key authentication.

Some of the benefits include:

  • Earn Passive Income: Generate stable earnings through Bolt’s cloud storage economy. Earn crypto effortlessly with just a few clicks.

  • Secure Asset Management: Securely hold, transfer, and stake your ZCN tokens. Bolt ensures your assets remain protected with advanced security.

  • Split-Key Transaction Security: Bolt’s innovative split-key air-gapped wallet enhances the security of your crypto transactions, protecting your assets from potential threats.

  • Air-Gapped Wallet Technology: Maintain optimal security by transacting using Bolt’s unique split-key, air-gapped wallet system, ensuring your cryptocurrency remains protected against online threats.

Key Features of Bolt

How Bolt Works

Bolt integrates seamlessly with the Züs decentralized storage network, allowing you to monetize storage, stake tokens, and secure your crypto transactions with ease. Follow these simple steps to participate:

Step 1: Swap to ZCN

  • Convert your ERC-20 tokens quickly and effortlessly to ZCN tokens directly through Bolt.

Step 2: Stake on a Blobber

  • Choose a Blobber (storage provider) with available capacity, competitive pricing, and a strong quality rating.

  • Staking your ZCN tokens earns you a share of the Blobber's storage earnings and additional crypto rewards.

Step 3: Transact Securely with Split-Key

  • Secure your crypto using Bolt’s innovative air-gapped wallet and split-key authentication mechanism.

  • Split-key authentication requires both your mobile and laptop, each holding separate cryptographic keys, ensuring maximum security during transactions.

Bolt's Advanced Security: Split-Key Authentication

Bolt uses serverless, two-factor authentication called split-key authentication. This method involves two distinct keys stored separately—one key on your mobile device and another on your laptop.

Both devices must cooperate to authenticate and sign transactions, significantly enhancing transaction security and preventing unauthorized access.

To further enhance security, Bolt recommends these best practices for key management:

Cloud Backup (Encrypted):

  • Securely save your private key to the cloud with encryption.

  • Additionally, store a physical copy securely offline.

Secure Set-Up:

  • Generate cryptographic keys (KEY1 and KEY2) on your mobile device.

  • Transfer the second key (KEY2) to your laptop.

  • Once your set-up is confirmed, securely delete the private key and the transferred KEY2 from your mobile device, retaining only the essential keys for transaction authorization.

Transaction Execution:

  • Transactions initiated from your mobile device (KEY1) must be approved separately on your laptop (KEY2), creating a robust security layer for every action on the blockchain.

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Decentralized Storage & Passive Income:

Stake ZCN tokens with storage providers on Bolt, earning income based on capacity, usage, and performance.

Enhanced Security:

Utilizing a serverless architecture and split-key authentication, Bolt ensures your data and digital assets are secure against breaches and server failures.

Crypto Wallet:

Manage multiple cryptocurrencies securely within Bolt’s wallet, benefiting from enhanced security measures and ease of use.

Getting Started