Applicable scenarios
When a team member who holds key shares (Main Group, Signing Group, or Recovery Group) leaves or transfers, their key shares need to be handed over to other team members. Failure to complete the handover may lead to the following issues:- Transaction signing may fail due to insufficient valid shares, making funds in the Vault temporarily inaccessible.
- The original holder retains Main Group, Signing Group, or Recovery Group permissions, posing security risks.
This scenario covers key share handover between team members. For information on Cobo Guard device replacement or loss, please refer to Reset Cobo Guard after device change or reinstallation.
Prerequisites
- Each key share is bound to the holder’s Cobo Accounts and cannot be directly transferred. Handover requires creating new key shares. New key shares must be generated for the new holder, with corresponding organizational structure adjustments.
- Delete the old holder’s key shares only after confirming the new holder’s key shares are available, to avoid Vault funds being inaccessible during the handover process.
- If you encounter any issues during the handover, please contact the Cobo Support Team promptly.
Procedures
Main Group handover
1
Generate new key share
Original Main Group creates a Signing Group for the new holder. See Create a Signing Group.
2
Verify new key share
(Optional) Confirm the new Signing Group is available with key share verification. See Verify key shares.
3
Upgrade to Main Group
Upgrade the Signing Group to a Main Group. The original Main Group will be automatically deleted after the upgrade. See Convert Signing Group into Main Group.
Signing Group/Recovery Group handover
1
Generate new key share
The Main Group creates a Signing Group or Recovery Group for the new holder. See Create a Signing Group or Create a Recovery Group.
2
Verify new key share
(Optional) Confirm the new key is available with key share verification. See Verify key shares.
3
Delete original key share
After confirming the new key is available, delete the original holder’s Signing Group or Recovery Group. See Delete a Signing Group or Delete a Recovery Group.
Feel free to share your feedback to improve our documentation!