A cold wallet is an offline wallet which is not connected to the internet by any means. These wallets are stored on a USB device, hard disk or any offline storage device. Meanwhile, the paper wallet is another form of cold wallets. These paper can be in form of QR code, a handwritten note, etc.
aren't paper wallets cold storage too?
Paper wallets are considered as cold storage. The dif of paper wallets from other cold storage devices is that it is used for storing purposes only.
cold storage wallets are also known as hardware wallets, they are easy to use and safer thn software wallets as they don't require any internet connection.
cold storage wallets are offline wallets and paper wallet is one of it.
well cold storage wallets provides maximum security as it keeps are bitcoins offline While paper wallets are cold storage too. It is based on QR code.
People prefer cold storage wallets because they find their bitcoins safer in it, paper wallets are difficult to be understood but is one of the cold storage means.
one is the super set while other is the subset, here super set is cold storage.
cold storage wallets are attached to PC and can be used while paper wallets consist of QR codes and is only used to store bitcoins. You have to make a new one after u sweep it.
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