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This tag should be used for questions regarding security issues with the design or implementation of Bitcoin and related cryptocurrencies.

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terms, "hot" wallets store both the wallet address(es) and the private key(s) on a network-connected machine, readily accessible so you can spend your balance any time, with very little effort (and lower security … This gives you great security, but is less convenient because you have to transfer the private key to a connected device (or use a connected device to send transaction info to a hardware wallet for off-network …
answered Feb 1 '21 by Robherc KV5ROB