Category: Wallets
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What are multi signature (multisig) crypto Wallets?
A multi-signature (multisig) wallet is a type of cryptocurrency wallet that requires more than one private key to authorize a transaction. This can provide an additional layer of security, as it means that multiple parties must agree before a transaction can be carried out. Multisig wallets can be set up in a variety of ways,…
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What are Crypto Hot Wallets?
A hot wallet is a cryptocurrency wallet that is connected to the internet and can be used to send and receive digital assets. Hot wallets are typically used for day-to-day transactions and are considered to be less secure than cold wallets, which are not connected to the internet and are used for long-term storage of…