corndalorian on Nostr: Hardware "wallets" are better referred to as signing devices. A cold wallet stores ...
Hardware "wallets" are better referred to as signing devices. A cold wallet stores the keys and signs transactions entirely offline, meaning the private keys are never exposed to the internet. If you only need to store your sats and never need to spend them, then you don't need a hardware wallet. However, assuming at some point you want to move those sats, then you will need a wallet (signing device).
Published at
2024-03-05 15:55:10Event JSON
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"pubkey": "f8e6c64342f1e052480630e27e1016dce35fc3a614e60434fef4aa2503328ca9",
"created_at": 1709654110,
"kind": 1,
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"content": "Hardware \"wallets\" are better referred to as signing devices. A cold wallet stores the keys and signs transactions entirely offline, meaning the private keys are never exposed to the internet. If you only need to store your sats and never need to spend them, then you don't need a hardware wallet. However, assuming at some point you want to move those sats, then you will need a wallet (signing device).",
"sig": "969d8061785be2acf10303c566c9b3076ba21e850e0e591d0d1f5d3d432b6a196da3564afdf3b06d1c899fd5f67164e741c18653cb0c467b8431b3906f8ed402"
}
