Cold Wallet
A "cold wallet" is a
cryptic currency wallet that is kept offline and stored either on hardware or paper, which stores the public and/or private keys for
cryptic currency transactions.
In addition to cold wallets, there are also
"hot wallets".
A "cryptic currency wallet" is a device, program or a service which stores the public and/or private keys for
cryptic currency transactions. In addition to this basic function of storing the keys, a cryptic currency wallet more often also offers the functionality of encrypting and/or signing information (ie
semi-smart contracts, cryptic currency transactions etc.)
Wallets can be
"cold wallets" or
"hot wallets".