A mantrap is a cybersecurity concept used to enhance security, particularly in the context of accessing sensitive information or systems. It is designed to create a controlled space where access is restricted and monitored, effectively trapping an individual in a small area before granting them entry to a secured environment.In the context of cryptocurrency, a mantrap can refer to measures taken to safeguard wallets or exchanges. This might involve multi-step verification processes that require users to complete multiple authentication stages. For example, a user may need to confirm their identity through two-factor authentication before they can access their funds.The primary goal is to prevent unauthorized access and protect valuable assets. By implementing such measures, platforms can greatly reduce the risks associated with fraud, hacks, or theft, ensuring that only legitimate users can interact with their cryptocurrency holdings. Overall, a mantrap in this context serves as an effective layer of security, adding complexity for potential attackers while securing the user’s digital assets.