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Title: Query in mycelium wallet? Post by: coinfunda on May 15, 2019, 03:43:30 AM Why there are 3 different pvt keys.
Is it he or cold wallet, want is the meaning of that? Title: Re: Query in mycelium wallet? Post by: HCP on May 15, 2019, 03:52:46 AM Mycelium wallet is known as a "Hierarchical Deterministic" or "HD" wallet (https://en.bitcoin.it/wiki/Deterministic_wallet). It doesn't contain just a single private key... it generates multiple private keys, so that you can get a different address every time you deposit. It does this to try and help avoid "address re-use (https://en.bitcoin.it/wiki/Address_reuse)".
It is perfectly normal behaviour. Note that you can still reuse an address that it creates, multiple times if you wish... it just isn't recommended for privacy reasons. Title: Re: Query in mycelium wallet? Post by: bob123 on May 16, 2019, 07:38:50 AM Mycelium would only be used as a cold wallet if it is completely offline (not a single interface available on your mobile, no wifi, bluetooth, nfc, ... ).
If it is on your mobile which is connected to the internet, has a SIM inserted, etc.. it is a hot wallet. Cold wallet = completely offline (all the time) Hot wallet = network interfaces enabled (e.g. connected to the internet) |