Choose the Blockchain

Last updated on Aug 23, 2024

How is blockchain involved with Inheriti?

The highly secure and innovative blockchain technology is utilized for the storage of Inheriti's smart contract. The smart contract is involved in the decentralized merging proces and stores the recovery shares when selected by the plan owner during plan creation. Inheriti is a multichain solution that operates on multiple blockchains.

Which blockchain can I choose to store the Inheriti smart contract?

You have the option to choose from three blockchains: Optimism, Ethereum, and vechain.

What does the pricing behind the blockchain means?

The pricing behind the blockchain refer to transaction costs for the Inheriti smart contract on that specific blockchain and reflects the actual expenses.

How do I choose the blockchain?

The choice of blockchain to store the smart contract on, will mostly be based on personal preference and costs. Another aspect you might find important are the companies behind the blockchains and the specific personal data compliance regulations they follow.

What are characteristics of vechain?

The vechain company follows European regulations (GDPR). Vechain is the blockchain that’s selected by default, with no additional fee.

What are characteristics of Ethereum?

Ethereum is highly decentralized blockchain and there is no company behind it. The costs are potentially higher due to variable transaction fees.

What are characteristics of Optimism?

Optimism provides the security of Ethereum but with lower costs and higher throughput. The Optimism company follows U.S. regulations.