entity · derived
Hot storage
Derived node: assembled mechanically from the claims carrying hot-storage. A roster, not an adjudicated definition.
Every claim under this term
- 3936876-011 : Hot storage buys easy access and quick transferability of digital assets at the cost of exposure to cyber attacks and to the difficulty of keeping private keys safe.
- 3936876-012 : Cryptocurrency exchanges store digital assets or private keys in internet connected hot storage because their main function is to provide liquidity rather than custody, unlike registered legacy stock
- 3936876-036 : Multi-signature wallets and a combination of hot and cold storage solutions are the advisable custody design for digital assets.