Hot Wallet
By CoinGecko | Updated on Mar 03, 2020
It is a tool that store your cryptocurrencies and always connected to internet. The stored coins can be instantly exchanged with other members of the network or used to trade.
Related Terms
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Side Chain
A separate blockchain ledger that runs parallel with the primary blockchain.
Pay-Per-Share (PPS)
You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined.
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