seach-icon
  • user-img

    Vikshita Vitthal Gujaran in OBOSWAP

    06-Jan-2023 05:13 AM


    thumbnail

    What are the Hardware Wallets?

    If you own crypto assets, then perhaps the safest bet is safekeeping them in cold storage or hardware wallets Introduction to Crypto Safety Almost everyone is familiar with the traditional meaning of a wallet.
    ‍ What are Hot Wallets These are crypto wallets that have a constant connection to the internet.
    What are Cold Wallets These are wallets that are completely offline with no connection to the internet.
    More on $5 wrench attack can be found here 4.
    Final Thoughts on Hardware Wallets Due to blockchain transactions' general anonymous nature, it is challenging to trace and recover assets if they get into the wrong hands.
    To ensure optimal safety of your assets, buy your hardware wallet from reputable manufacturers, enable multi-factor authentication, keep your recovery phrase in a location known only to you, take every common-sense precaution.

    Source - https://www.bsc.news/post/cryptonomics-hardware-wallets-explained

    $Qtoken #Qoneqt #QTO #Oboswap #hardwareWallets #coldwallet #privatekey #dApps #DeFi #NFTs #ethereum #Binance #Polygon #Bitcoin #tokens #cryptocurrencies #CryptocurrencyNews