Someone asked: What exactly is the difference between cold and hot wallets?
I usually answer like this: A hot wallet is a wallet whose private keys are stored on an internet-connected device, such as a mobile wallet app or a browser extension wallet. Hot wallets are convenient, but because the device holding the private keys is always connected to the internet, malware and phishing websites may target those keys.
$BTC 76229.64（-5.11%）
What would you like to hear about next? Wallets or something else?
I usually answer like this: A hot wallet is a wallet whose private keys are stored on an internet-connected device, such as a mobile wallet app or a browser extension wallet. Hot wallets are convenient, but because the device holding the private keys is always connected to the internet, malware and phishing websites may target those keys.
$BTC 76229.64（-5.11%）
What would you like to hear about next? Wallets or something else?