Hot Wallet

Av CoinGecko | Uppdaterades den 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.

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Relaterade termer

Genesis block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Pump and dump scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Merkle Tree
A Merkle tree is also known as a hash tree in cryptography. It is a tree where every lead node is labelled with cryptographic hash of a data block, and every non-leaf node is labelled with the hash of the labels of its child nodes. It is used to verify of data stored within it and transferable in and between computers.
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