What is a cold wallet for storing virtual currency?
What is a cold wallet for storing virtual currency? It can store digital assets
What is a cold wallet for storing virtual currency? It can store digital assets such as Bitcoin, Ethereum, and Monero. Its principle is as follows: without using a hard drive, it saves Bitcoin, Litecoin, and Tether (XMR) in a hot-swappable manner. However, since there is no dedicated ASIC, it can only be stored in one device. When hardware failure occurs, it is necessary to back up these data to the system for protection through external software. This security measure exports the private key from other parts of the controller and sends it to the user.
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