What exactly is the difference between cold wallets and hot wallets? Don’t panic, your class rep is here:
Cold wallets can make transfers too: the transaction is signed on the device first, then sent on-chain through an internet-connected device.
Hot wallets are convenient, but the device holding the private keys is always online, so malware and phishing sites may get access to them.
There’s no exam for this lesson, but the market may give you a pop quiz.
$BTC 75928.86（-0.25%）
Cold wallets can make transfers too: the transaction is signed on the device first, then sent on-chain through an internet-connected device.
Hot wallets are convenient, but the device holding the private keys is always online, so malware and phishing sites may get access to them.
There’s no exam for this lesson, but the market may give you a pop quiz.
$BTC 75928.86（-0.25%）
