Cold Wallet
By CoinGecko | Updated on Mar 03, 2020
Wallets that are stored offline and can only be connected to the internet through physical effort (eg. plugging in the USB, turning on a hardware wallet). This provides an extra layer of security compared to wallets that are stored on devices connected to the internet (eg. phone wallet).
Related Terms
Altcoin
Coins althernative to Bitcoin
Sharding
A form of database partitioning which breaks up data into smaller segments.
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
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