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  • What is Sacred?
    • Introduction to Sacred Finance
    • Why use Sacred?
    • Roadmap
  • How Sacred Works
    • Sacred Versions
    • How to use Sacred
    • Private Yield
    • Anonymity Set
    • Sacred Rules
  • Technical Details
    • How V1 Sacred Boxes work
    • Relayer
    • Sacred Ceremony
  • Tokenomics
    • Token Supply & Distribution
    • Incognito Mining
      • Incognito Credits
      • Incognito Accounts
      • Converting IC into SACRED
    • Sacred Buy Backs
    • Bonding Management
  • Sacred Terminology
    • Sacred Box
    • Sacred Claim
    • Privacy Indicator
    • Inspect Tool
  • Other Sacred Info
    • Sacred Privacy Policy
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  1. Sacred Terminology

Sacred Claim

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Last updated 3 years ago

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What is a Sacred Claim?

Before an asset is deposited into a , a unique Sacred Claim (secure note) in the form of a string of words and letters is generated. This claim is locally generated and only the depositor will have access to this Sacred Claim.

The Claim is critical to withdraw the deposited assets and needs to be stored somewhere safe! When withdrawing the funds, the Sacred Claim cryptographically verifies that you deposited the assets before privately releasing the asset to the directed address. It also verifies that the claim exists and hasn't been redeemed, eliminating double-spend.

Sacred Box