The advent of the digital age has led to the circulation of new currencies, and virtual currencies have developed with them. More and more people are starting to support the use of virtual currencies and have made significant investments. Take Bitcoin, which has been very popular recently, although the price is in a state of ups and downs, no one will give up its value. Prices have reached new highs in recent days.
As the saying goes, there are many people who are popular, and the same is true for Bitcoin. Recently, Tether announced a hacked news, losing $30.95 million worth of transaction tokens. This news can be said to alarm many coin players, everyone is worried that their digital assets will be stolen again. In addition to heartache, the stolen person can only admit it. Because it's like being robbed at home, no one will compensate you for your loss.
If you are really worried about theft, why not prepare for theft before it is stolen? Some people say that I have been placed on a large trading platform, will it still be stolen? Isn't the Tether platform big? In fact, it has nothing to do with whether it is stolen or not. Because no matter how big it is, it is also stored when there is a net, and now no one dares to guarantee that it is absolutely safe when there is a net. The best option is an offline wallet for storage. A cold wallet is the best choice.
What cold wallet?
In layman's terms, a cold wallet is a wallet that stores digital currency offline, and players generate digital currency addresses and private keys on an offline wallet, and then save them. Cold wallets store digital currencies without the need for any network, so hackers cannot access the wallet to obtain private keys.
Why cold storage?
Cold storage using a virtual currency wallet is for the safety of digital assets. Because cold wallets use multiple encryption without being connected to the Internet, it can ensure that the digital assets of the player will not be stolen. If we need to trade, we can transfer the amount of currency we need to trade to the trading platform, so that safety and trading are not wrong.
Just like some large trading platforms have a huge Bitcoin user base every day, storing thousands of digital currencies on the platform. For the security of customers' digital currencies, these trading platforms will have a special person in charge to transfer the digital currency on the server to cold wallets that do not require Internet connection every day. This way, even if hacked, you won't lose too much. And those of us who do not plan to trade on the platform can choose our own cold wallets for storage.
Coin wallets are the best option among all cold wallets. Coin wallets use cold wallet storage methods to protect customers' digital assets. And the key adopts multi-signature and transfer secondary verification technology, even if the mobile phone is lost in sleep, there will be no digital currency transfer. The coin wallet supports multi-currency storage at the same time, which is very convenient for players to invest in different currencies. At the same time, Coin Wallet supports multiple keys under one master key. This means that once the master key is known, additional subkeys can be generated. In order to ensure data security, the platform has professional technical personnel and 24-hour real-time monitoring of the platform to ensure operational security. |
Posted on 1/29/2018 10:37:04 PM
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