Cold Wallet
By CoinGecko | Updated on Mar 03, 2020
Wallets that are stored offline and can only be connected to the internet through physical effort (eg. plugging in the USB, turning on a hardware wallet). This provides an extra layer of security compared to wallets that are stored on devices connected to the internet (eg. phone wallet).
Related Terms
Full Node
Full Nodes are computers that verify the set of rules that are built into the protocols of a given cryptocurrency.
Cloud Mining
Mining on blockchains through rented processing power rented from companies that host the physical equipment.
Block Height
A number that is used to indicated the position of a particular block within a blockchain
Market Maker
Participant of the market who creates buy and orders
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