b9_1155what is hot wallet?
a wallet whose keys live on a device that is connected to the internet, like a phone app or browser extension.
often used for small, everyday amounts. anything that compromises the device, such as malware or a fake app, can reach the keys or trick you into signing.
related words
- wallet software or a device that holds (or can recreate) your keys, shows balances and signs transactions.
- hardware wallet a small dedicated device that keeps the keys inside and signs transactions there.
- public key / xpub a key that lets a wallet see an account's addresses and balances, but not spend.
part of the topic self-custody: free articles, more words and the guide.
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