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GateChain Account Types

GateChain offers multiple account types to meet different security requirements. This article will introduce the various account types and their characteristics.

Account Types Overview

GateChain supports the following account types:

Account TypePrefixKey FeaturesUse Cases
Normal Accountgt- Single private key control
- Immediate transactions
- Basic functionality
Daily transactions and transfers
Vault Accountvault- Delayed transactions
- Clearing period
- Recovery account support
Large asset storage and enhanced security
Multi-signature Accountgt1m- Multiple signature requirement
- Configurable threshold
- Shared control
Team funds and organizational assets
EVM Account0x- Ethereum compatible
- Smart contract interaction
- Web3 wallet support
- ERC20/721 support
dApp interaction, smart contract deployment, and DeFi participation

1. Normal Account

Normal accounts are the basic account type with the following features:

  • Controlled by a single private key
  • Transactions take effect immediately
  • Suitable for daily transfers and transactions
  • Account prefix is "gt"

2. Vault Account

Vault accounts are GateChain's unique secure account type with the following features:

  • Supports delayed transactions
  • Has clearing period
  • Configurable recovery account
  • Account prefix is "vault"

Main parameters for vault accounts:

ParameterDescription
delay_heightTransaction delay effective height
clearing_heightAccount clearing height
security_addressRecovery account address

3. Multi-signature Account

Multi-signature accounts require multiple private keys to sign transactions, with these features:

  • Requires multiple account signatures
  • Can set signature threshold
  • Suitable for team or organization use
  • Provides higher security

4. EVM Account

EVM accounts are fully compatible with Ethereum Virtual Machine, with these features:

  • Standard Ethereum address format (0x prefix)
  • Compatible with Ethereum tools and wallets (MetaMask, etc.)
  • Supports ERC20, ERC721, and other Ethereum standards
  • Can interact with smart contracts
  • Seamless integration with Web3 applications
  • Enables DeFi protocol participation

Account Address Format

GateChain account addresses consist of:

  • Account type prefix
  • Base58 encoded public key hash
  • Checksum

Examples:

  • Normal account: gt1p0xl8jqr...
  • Vault account: vault1p0xl8jq...
  • Multi-sig account: gt1m0xl8jqr...

Best Practices

  1. Choose appropriate account type based on security needs
  2. Use vault accounts for storing large assets
  3. Use multi-sig accounts for team fund management
  4. Safely store private keys and mnemonic phrases
  5. Regularly check account security settings