Can the Smart Backup be activated before Timelock expiration?
Smart Backup only activates when trustless conditions are met.
No, not at all. The Smart Backup feature is enforced trustlessly by the Bitcoin network, ensuring that it can only be activated once the user’s pre-defined conditions are met—usually, 15 months of UTXO inactivity. This ensures that the Smart Backup cannot be used prematurely, protecting your funds until the predefined recovery time is reached.
Even when the time-lock expires, 21st Capital cannot sign on your behalf unless you or your heirs provide us with the vault’s descriptors, which are essential for vault recovery. This means that complete control remains with you until the exact conditions for activation are met, offering robust security and peace of mind.