If I store my Hive username and keys in a laptop and/or smartphone, then copy-paste it on HiveKeychain or HiveSigner, then technically I'm using hot wallets, right?
If I only store it physically (paper, etc.) and still type it in HiveKeychain/HiveSigner, is it still considered cold wallet?
I still don't get it, help is greatly needed.
Posted Using LeoFinance Beta
Cold storage is not tied to the internet like a paper wallet or Bitcoin or a Nano.
As for custodial versus non, all on Hive is non-custodial. There is no custodian of the funds. Centralized exchanges are custodians if you put your Hive on, say, a Binance.
Posted Using LeoFinance Beta
I did search online, but I got even more confused with the new information, but slowly I understand it better.
Thanks for the clarifications btw,
without saying 'google it',it's very helpful and less confused now.Posted Using LeoFinance Beta
I think I'm confusing myself with
custodial vs non-custodial
vshot and cold wallets
here, sryPosted Using LeoFinance Beta