Karlblaise1
Jr. Member
Offline
Activity: 131
Merit: 2
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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December 22, 2018, 08:48:47 PM |
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The essence of the protection has to deal with safeguarding your private key, and there are two basic ways of doing that;
COLD STORAGE: Which is the art of keeping your private key offline; possibly storing it in word, PDF or even in hard copies
HOT STORAGE: More like what you get with the likes of Metamask; etc. It involves accessing your wallet address with the private keys, on an online platform. This mode of storage is vulnerable to cyber attacks hence; i'll advice you stick with cold storage for your main account, and transfer other coins stored online to the ones offline; for your own safety.
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