Someone asked: What exactly is the difference between cold wallets and hot wallets?
My answer: Cold wallets can also make transfers: the transaction is signed on the device first, then handed to an internet-connected device to be broadcast on-chain. The difference between “cold” and “hot” isn’t the wallet’s form, but whether the private key has ever been exposed to an internet-connected environment.
$BTC 76774.14（-0.42%）
Have you ever misunderstood this too?
My answer: Cold wallets can also make transfers: the transaction is signed on the device first, then handed to an internet-connected device to be broadcast on-chain. The difference between “cold” and “hot” isn’t the wallet’s form, but whether the private key has ever been exposed to an internet-connected environment.
$BTC 76774.14（-0.42%）
Have you ever misunderstood this too?
