Cold Storage
By CoinGecko | Updated on Mar 03, 2020
In contrast to hot storage which are typically online to allow for fast deposit/withdrawal, cold storage refers to the offline storage of cryptocurrencies through the use of hardware non-custodial wallets, wallet files stored in USB or offline computers, as well as paper wallets.
Related Terms
Graphical Processing Unit (GPU)
They are chips dedicated to graphics processing or floating point operations, allowing to lighten the workload of the processors during applications usage such as video games.
Byzantine Fault
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
Open Source
Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.
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