What is the use of mathematical currency Ethereum cold wallet
The digital currency wallet is the hardware wallet, which means that the private key of digital assets is stored in a single chip, isolated from the Internet, plug and play. Hardware wallet can't guarantee 100% security. For example, if a geek gets your hardware wallet and doesn't know your private key, it may be cracked by violence. It's just one of the safest storage methods compared to other storage methods
many block chain entrepreneurs at home and abroad are optimistic about the development of this field, so they begin to build more hardware wallets. In the case of the exchange being stolen a lot of money and the software wallet being stolen from time to time, many investors regard the hardware wallet as the last moat
extended information:
whether the hardware wallet is safe
the hardware wallet can not guarantee 100% security. For example, if a geek obtains your hardware wallet, it may be cracked violently even if it doesn't know your hardware wallet immediately. It's just one of the safest storage methods compared to other storage methods
of course, there are exceptions, such as you have unlimited brain power and never forget. It's better to save it anywhere than in your own mind
bitcoin wallet can be divided into cold wallet and hot wallet according to the storage method of private key
01. A cold wallet is a wallet that can't access your private key on the Internet
cold wallets often rely on "cold" devices to ensure the security of bitcoin's private key, such as computers that are not connected to the Internet, mobile phones, small notebooks with private key addresses, etc. Cold wallet avoids the risk of hackers stealing the private key, but may face physical security risks, such as computer loss and damage
02. Hot wallet refers to the wallet that can access your private key on the Internet
Hot wallets are often in the form of online wallets. When using hot money package, it is better to set different passwords on different platforms and open secondary authentication to ensure the security of your assets
wallet is actually "a management tool for private key, address and blockchain data".
transactions in bitcoin are completely anonymous. That is to say, no one knows how much money you have and where your wallet is
so even if people want to steal you, they don't know where to put their hands.
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