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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).

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Related Terms

Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free.
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.
STO
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Ethereum Virtual Machine (EVM)
Ethereum Virtual Machine (EVM) is the environment in which all smart contracts are executed.
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