kaal:claim:3936876-019

Cold storage custody solutions are much more secure and resistant to cyber attacks than hot storage because the digital assets and associated private keys are held in wallets that are not connected to the Internet.

Source quote, verbatim

Because of these distinguishing features, cold storage has several key benefits. For one, cold storage custody solutions are much more secure and resistant to cyber attacks.

From

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021), II.2.b Cold Storage, p. 18
https://ssrn.com/abstract=3936876 · source PDF

Cite as

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

Holds when

wallets kept offline

Classification

mechanismsupport: arguedconsensus-and-securitydefi

Verify

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