What does ETH’s cold wallet mean

What does ETH’s cold wallet mean? What does ETH’s cold wallet mean? It does not store sensitive information such as private keys, addresses, and passwords

Literally, ether (ETH) is a coin of Ethereum. Its original meaning is “Electronic cash”: users use the Cryptocurrency in this wallet by sending digital assets, but these funds are not transferred to their own hot wallet for deposit or withdrawal. However, there is currently a claim in the market that ETH is an anonymous cryptocurrency that exists in non exchange networks. (For example, we purchased 1 ETH using Bitcoin), so many people will keep this Ethereum in a refrigerated warehouse because it can prevent hackers from attacking and stealing it

eth cold wallet

The ETH cold wallet address is 0x7a5e3f6b8ddf9ca4c0bb2da45be90d71c89bf1d79

eth’s full name is Eth.org, which refers to the network used to store Ethereum data and smart contract codes

The address transferred about 100 Ethereum from an unknown wallet on October 29, 2019. This allows us to keep these funds in a safe place and easily transfer them (usually taking several days to arrive).

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/08/04/what-does-eths-cold-wallet-mean/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.