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
Kimchi Premium
The kimchi premium is the price difference between South Korean exchanges and other global exchanges for bitcoin.
Wei
The smallest fraction of an Ether, with each Ether to 1000000000000000000 Wei.
Smart contracts
Self executing contracts on the blockchain without needing human executors or notary.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
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