Topic: WHAT IS A CRYPTO WALLET (Read 174 times)

Dude, you should get a new keyboard. 

Your definitions are lacking.

A hot wallet is a wallet on a device that can be accessed through the internet, whether is it is hosted by a website or it is an app on a phone or a desktop.

A cold wallet is a wallet on device that cannot be accessed through the internet. Examples are air-gapped devices, and paper and hardware wallets. Note that even though a hardware wallet connects to an internet device, it is considered to be a cold wallet because the keys are not accessible.

Air-gapped wallets

• [Guide] Secure air-gapped crypto wallet storage method

Devices can be used as a hardware wallet that never connected to the internet.  For example, I bought a smartphone and install an Electrum wallet shared with another device offline.  Air-gapped means that where a device or a system becomes fully disconnected from the internet so that hackers will not easily access your private key, any wallet that working online might prone to hacks and malware infections.

Back to the OP's wallet suggestion, what is Chilly wallet.  I have done small research but I've never found it.

It seems OP didn't have enough knowledge of Bitcoin wallets.  Here is a [BIG LIST] Hardware wallets (80+) that you can choose from.

It's typo, it is hardware wallet, also the other is wallet on airgapped devices.

What are "pardware wallets"? Don't you mean hardware?
What is a 'pallet on airgapped devices'? I haven't heard of it.

There are three types of hot/online wallets.

• web wallet
• mobile wallet
• desktop wallet

A chilly cold wallet...cold wallet store private key offline

Mobile wallet make use of phone while desktop wallet make use of computers. Web wallets will be the ones that make use of encrypted online database to store keys.

The types of cold wallets:

• paper wallet
• hardware wallet
• wallet on airgapped devices

Hardware wallets are cold wallets, it can be used for daily transactions.

A chilly wallet...  I've never heard anything like this before.

I thought that the op is asking about crypto wallet but is sharing information about crypto wallet which have been discussed in this forum for quite some time and all you need to do is to do your own research and avoid making another thread with the same topic or information getting discussed once again.

A cryptographic money wallet is a product program intended to store your public and private keys, send and get computerized monetary forms, screen their equilibrium, and connect with different blockchains. You need to have a cryptographic money wallet to deal with your crypto resources and keep them secure.

There are numerous cryptographic money wallets out there, however the fundamental differentiation between them is whether they are hot or cold.

- A hot wallet is associated with the web and can be gotten to whenever.

- A chilly wallet isn't associated with the web and permits to store your assets disconnected. You can in any case get assets whenever, yet nobody can move them out.

Hot wallets incorporate all online cloud wallets, generally versatile, and programming wallets, and trades.

Cold wallets are equipment wallets, disconnected kept paper wallets, USB and disconnected comparative information stockpiling gadgets, and surprisingly actual carrier things, for example, actual Bitcoins.

Most digital currency holders utilize both cold and hot wallets. Hot wallets are helpful for incessant exchanging, while cold wallets are better for long haul holding of crypto resources.

Be that as it may, before we investigate various wallets, here is a concise token of why keeping your computerized resources in trades is for the most part not a smart thought.