Sentences with phrase «types of cold wallets»
There are several types of cold wallets; paper, physical and hardware bitcoin wallets.
http://bitcoinafrica.io/ Not exact matches
It is an offline wallet, and is usually regarded as a type of «cold storage» (extra-secure storage that does not make contact with the hackable internet), although it has some important differences that make its presence in that category debatable (more on this further down).
There are a number of different types of wallets including ones you download to your phone or computer, online wallets and even offline, cold storage wallets.
As part of questionnaires issued in late August, the FSA asked exchange applicants how their assets were distributed in the two types of accounts [cold and hot wallets]... After the company [Coincheck] filed for registration in September, the FSA highlighted the risk of unauthorized accesses taking place in its computer system and urged it to strengthen security.
It's thus recommended to use both types of wallets — hot wallets to hold small amounts of bitcoin for daily transactions, and cold, or offline, wallets for storing larger sums.