Wallets
What a wallet stores and how hot, cold, and hardware setups differ.
A wallet keeps keys, not a pile of coinsThe coins stay on the network. The wallet stores the keys that can move them.Hot wallets and cold walletsA hot wallet can sign while it is online. A cold wallet keeps the signing key offline until you choose to use…What a hardware wallet is actually signingThe computer prepares a transaction. The device should show the real destination and amount before it signs.An exchange login is not the same as a walletA balance on an exchange is an account the company controls. A wallet is keys you control.Wallet words worth knowingA short glossary for the words that show up during setup, backup, and a send.