What is a bitcoin hardware wallet?

What is a bitcoin hardware wallet?

Jan 4, 2018 Bitcoin by Coinobuddy

 

hardware wallet is a special type of bitcoin wallet which stores the user’s private keys in a secure hardware device.

They have major advantages over standard software wallets:

  • private keys are often stored in a protected area of a microcontroller, and cannot be transferred out of the device in plaintext
  • immune to computer viruses that steal from software wallets
  • can be used securely and interactively, as opposed to a paper wallet which must be imported to software at some point
  • much of the time, the software is open source, allowing a user to validate the entire operation of the device

The best secure  hardware wallet available in the market are  trezor and  ledger nano.

One must buy hardware wallet from original sellers only

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