Slices are encrypted in this browser with a key derived from your passphrase (PBKDF2, 310k rounds → AES-256-GCM). Prism stores ciphertext and a manifest, never the key. Each slice carries the highest beam allowed to read it.
Never sent anywhere. Forget it and the vault is gone.
Enter your passphrase. On first use, this creates a new vault in this browser with a couple of example slices.