What are Cold Storage Wallets and paper wallets?

foster
Posts: 4
Joined: Fri Apr 07, 2017 7:54 am

What are Cold Storage Wallets and paper wallets?

Postby foster » Thu Apr 20, 2017 10:48 am

What are cold wallets and paper wallets?

joe
Posts: 65
Joined: Thu Apr 06, 2017 10:33 am

Re: What are Cold Storage Wallets and paper wallets?

Postby joe » Thu Apr 20, 2017 11:50 am

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.

robert
Posts: 50
Joined: Thu Apr 06, 2017 7:56 am

Re: What are Cold Storage Wallets and paper wallets?

Postby robert » Tue Sep 05, 2017 7:42 am

aren't paper wallets cold storage too?

roger
Posts: 49
Joined: Thu Apr 06, 2017 12:48 pm

Re: What are Cold Storage Wallets and paper wallets?

Postby roger » Tue Sep 05, 2017 7:43 am

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.

rooney
Posts: 72
Joined: Thu Apr 06, 2017 8:49 am

Re: What are Cold Storage Wallets and paper wallets?

Postby rooney » Tue Sep 05, 2017 7:43 am

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.

sanedelight
Posts: 104
Joined: Wed Apr 26, 2017 8:54 am

Re: What are Cold Storage Wallets and paper wallets?

Postby sanedelight » Tue Sep 05, 2017 7:44 am

cold storage wallets are offline wallets and paper wallet is one of it.

truelegend
Posts: 70
Joined: Tue Sep 05, 2017 7:48 am

Re: What are Cold Storage Wallets and paper wallets?

Postby truelegend » Tue Sep 05, 2017 7:49 am

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.

vik
Posts: 142
Joined: Wed Apr 19, 2017 7:20 am

Re: What are Cold Storage Wallets and paper wallets?

Postby vik » Tue Sep 05, 2017 7:49 am

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.

zach
Posts: 134
Joined: Wed Apr 19, 2017 7:18 am

Re: What are Cold Storage Wallets and paper wallets?

Postby zach » Tue Sep 05, 2017 7:50 am

one is the super set while other is the subset, here super set is cold storage.

wesly
Posts: 46
Joined: Wed Aug 23, 2017 4:37 am

Re: What are Cold Storage Wallets and paper wallets?

Postby wesly » Tue Sep 05, 2017 7:50 am

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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