β˜‘οΈWhat is cold-wallet

Cold wallet, corresponding to hot wallet

also known as offline wallet or disconnected wallet, one of the types of blockchain wallets, refers to the wallet that the network cannot access the user's private key.

Cold wallets usually rely on "cold" devices (computers, mobile phones, etc. that are not connected to the Internet) to ensure the security of Bitcoin private keys, and use QR code communication to keep private keys from accessing the Internet, avoiding the risk of being stolen by hackers.

May face physical security risks (such as loss of computer, damage, etc.).

Store the private key on a device that is not connected to the Internet, including printing, copying it by hand (paper wallet), or even reciting it by yourself (brain wallet) to ensure absolute security during storage. However, when the above wallets conduct transactions, the private key must still be input into the general software wallet, and the highest standard cold wallet must also be able to perform offline signing, and only send out signed transactions.

The private key is stored in an additional special hardware device, and the transaction needs to be signed within the hardware before submission.

As long as the hardware is not cracked, it is absolutely safe. If this hardware device is completely offline and only submits signed transaction messages, it is also a cold wallet of the highest standard. T

okenPocket supports a variety of public chains to create cold wallets, please make sure that the cold wallets are used in offline devices, otherwise it will be meaningless. Click to view the cold wallet creation tutorial

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