cold storage

Phonetic: /koʊld ˈstɔrɪdʒ/

Part of Speech: noun

Category: To be determined

A phrasing borrowed from traditional data security; specifically in crypto, 'keeping assets in cold storage' refers to keeping the private keys that control them in a way that is never connected to the internet. This can refer to technological solutions like hardware wallets, as well as more low-tech methods, like writing down an SRP and keeping it in a safe.

Definition source: Education DAO - mapachurro

Sample sentence

N/A

Additional definitions

Discover the essentials of cold storage: learn what it is and how it protects your cryptocurrency holdings.

Source

Extended definition

Commentary

No commentary on this. ...yet

Read this entry in:

Does this need to be better?

This glossary only gets good if we all complain. If you have a suggestion, open an issue on this project's GitHub repo.