hardware wallet

Phonetic: /ˈhɑrdwɛər ˈwɔlɪt/

Part of Speech: noun

Category: To be determined

A hardware wallet is a physical device that is used to store cryptographic keys, and generally, sign transactions. Some hardware wallets can be connected physically or through software to internet connectivity; others are ‘air-gapped’, receiving transaction requests and sending transaction approvals through a mechanism such as a QR code. The overall goal of using a hardware wallet to manage keys and signatures is to reduce the likelihood of your keys or Secret Recovery Phrase from being somehow stolen or compromised, due to being connected to the Internet. For more on hardware wallets, see MetaMask’s Hardware Wallet Hub: Hardware Wallet Hub

Definition source: Mapachurro probably wrote this.

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This word came from... the ether

Date first recorded: Unknown

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