Beginner Blockchain & Web3
Q38 / 100

What is a "cold wallet"?

Correct! Well done.

Incorrect.

The correct answer is A) A wallet whose private keys are stored offline, disconnected from the internet, for enhanced security

A

Correct Answer

A wallet whose private keys are stored offline, disconnected from the internet, for enhanced security

Explanation

Cold wallets (e.g., hardware wallets, paper wallets) keep private keys offline, reducing exposure to online hacking compared to "hot wallets" connected to the internet.

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