Cold Storage
By CoinGecko | Updated on Mar 03, 2020
In contrast to hot storage which are typically online to allow for fast deposit/withdrawal, cold storage refers to the offline storage of cryptocurrencies through the use of hardware non-custodial wallets, wallet files stored in USB or offline computers, as well as paper wallets.
Related Terms
Satoshi
A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.
All-Time-High (ATH)
The highest point (in price, in market capitalization) that a cryptocurrency has been in history.
Proof-of-Developer (PoD)
A concept of identifying the developers of a project as a means of vouching reputation for a project
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
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