Hot wallet
A wallet whose signing capability is available on an internet-connected system.
In more detail
A hot wallet is convenient for everyday transactions because its signer is readily available. That convenience puts the signing environment closer to online threats. The label describes how keys and signing are handled, rather than simply whether the wallet runs on a phone or has a familiar brand.
How you might use it
Your connected phone can sign the payment right now, which is convenient and also puts the signer in an online environment.
Got a way to make Hot wallet click?
Add your takeBy Crypto Dictionary · Published · Updated
Go to the source
Use the original reference to explore the details behind this entry.
Read the referenceAn original explanation with a reference to follow. Protocol details and community usage can evolve. Sources & standards