Author

Topic: Query in mycelium wallet? (Read 143 times)

legendary
Activity: 1624
Merit: 2481
May 16, 2019, 02:38:50 AM
#3
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)
HCP
legendary
Activity: 2086
Merit: 4361
May 14, 2019, 10:52:46 PM
#2
Mycelium wallet is known as a "Hierarchical Deterministic" or "HD" 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".

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.
jr. member
Activity: 121
Merit: 2
May 14, 2019, 10:43:30 PM
#1
Why there are 3 different pvt keys.
Is it he or cold wallet, want is the meaning of that?
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