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Category: Security

What is Hot Wallet?

Summary Definition: A cryptocurrency wallet connected to the internet, such as a browser extension or mobile app.

Detailed Technical Explanation

Hot wallets are software tools connected to the web for quick transaction signing and dApp interactions, but are exposed to online threats if the host operating system is compromised.

Educational Notice: Technical definitions on CoinAd.in are maintained to help developers, students, and engineers understand decentralized computing concepts accurately.

Related Security Terms

Cold Wallet

A cryptocurrency storage solution that remains completely offline and air-gapped from the...

Seed Phrase

A sequence of 12 to 24 human-readable words used to generate all cryptographic keys in an...

Wallet

A software application or hardware device used to manage cryptographic keys and sign...

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