Detailed Challenge Period Start and Cancel Flow

CryptoLegacy lets beneficiaries start challenges, transfer assets securely after owner timeout, and claim their shares.

Detailed Challenge Period Start and Cancel Flow

  • You missed sending the transaction to update the 6-month timeout.

  • Any beneficiary can send a transaction to start the 3-month challenge period.

  • As the contract owner, you can send a transaction to cancel the challenge period.

Detailed Distribution Period and Asset Transfer Flow

  • You did not cancel the challenge period.

  • Any beneficiary automatically retrieves wallet and ERC20 token address data, decrypting it with their private encryption key.

  • Any beneficiary initiates a transaction to transfer all assets from the wallets to the CryptoLegacy contract.

  • Beneficiaries can send transactions to claim assets according to their share (20%), delay (1 month), and distribution schedule (over 10 years).

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