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Question asked on Musing.io by amar15

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· @amar15 ·
$0.21
Question asked on Musing.io
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properties (23)
authoramar15
permlinkpkcmewrsq
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["crypto","cryptocurrency","money","life",""],"appCategory":"crypto","appTitle":"What is the difference between Cold Wallet & Hot Wallet?","appBody":"Hi there, \nI have heard this term many times in news article but I don't have any clear idea about it. It would be very helpful if you can explain both the term in details.\nThank you :-)","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}"
created2019-01-09 12:54:42
last_update2019-01-09 12:54:42
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beneficiaries[]
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author_curate_reward""
vote details (6)
@cryptoandcoffee ·
Question answered on Musing.io
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properties (23)
authorcryptoandcoffee
permlinkfky32r6aq
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["crypto","cryptocurrency","money","life",""],"appCategory":"crypto","appTitle":"What is the difference between Cold Wallet & Hot Wallet?","appBody":"<p>It is quite easy to tell what a hot and cold wallet is. Think of it this way a hot wallet is always live and is connected via the internet. If you have funds in an exchange it will be on a hot wallet. Hot wallets can be hacked and it is advisable to move them to a cold wallet.</p>\n<p>A cold wallet is a wallet that holds your crypto coins but isn't connected to the internet. This is the most secure way of storing your currency and can't be hacked.</p>\n<p>Just remember, hot wallet is live and cold wallet is dead or not live lol.</p>","appDepth":2,"appParentPermlink":"pkcmewrsq","appParentAuthor":"amar15","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-09 15:13:12
last_update2019-01-09 15:13:12
depth2
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last_payout2019-01-16 15:13:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
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body_length80
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root_title"Musing Posts"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
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vote details (4)
@libert ·
$0.22
Question answered on Musing.io
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properties (23)
authorlibert
permlinkfkcetpraq
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["crypto","cryptocurrency","money","life",""],"appCategory":"crypto","appTitle":"What is the difference between Cold Wallet & Hot Wallet?","appBody":"<p>Hot wallet — a wallet which is connected to Internet. </p><p>Cold wallet — a wallet which is not connected to Internet. </p><p>They are both designed for different purposes. </p><p>As cold wallet is not connected to Internet, so it's safe from online threats, and as such cold wallets are used to hold big amounts of crypto assets. </p><p>Cold wallet examples, Hardware wallets like ledger Nano S, KeepKey, Trezor, etc. Paper wallet where you write your private key on paper. </p><p>While hot wallets are used where you have to move your funds frequently. </p><p>Exchange wallets are typically hot wallet so it's advisable to not hold much funds there. </p><p>Hope it helps! </p>","appDepth":2,"appParentPermlink":"pkcmewrsq","appParentAuthor":"amar15","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-09 13:42:48
last_update2019-01-09 13:42:48
depth2
children0
last_payout2019-01-16 13:42:48
cashout_time1969-12-31 23:59:59
total_payout_value0.172 HBD
curator_payout_value0.053 HBD
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body_length80
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max_accepted_payout1,000,000.000 HBD
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vote details (4)