Hardware wallet definition

Hardware wallet means a physical device that is not continuously
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Hardware wallet means a physical device that stores private keys offline and
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Hardware wallet means a physical device that is not continuously connected to the internet, allows an individual to secure and transfer digital assets, and under which the owner of the digital assets retains independent control over the digital assets.
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Examples of Hardware wallet in a sentence

  • Multi-level authentication is operated by users.• Hardware wallet storage – Securing through cold storage by storing the coin values in a hardware wallet.

  • If you choose a Hardware wallet you will also need Software from the device manufacturer which they provide, and as with all software is subject to hacker’s and breaches.

  • User’s must insure the Hardware wallet chosen is supported by the Bitcoin exchange you will use to process transactions.

  • Hardware wallet cold storage is found in USB sized wallets thatare stored offline and require a biometric identifier to unlock.Web-based asset storage may be more accessible but is subject to risks, such as being prone to hacking.

  • Hardware wallet solutions such as Ledger’s Nano S and Trezor’s One are best in class solutions.

  • How long we can store in a Hardware wallet?There is no limit on storing your keys on a Hardware wallet, you store them for as long as you wish.

  • User will be redirected to a new page showing the firmware Update status of the Hardware wallet, if your Hardware wallet is up to date there will be no warnings telling you to update the firmware, if there is a warning on the screen telling you to update the firmware of the device unplugs the Hardware wallet from your system.

  • That means you can store them at any ETH address, even the ETH address of your Hardware wallet.

  • What is the best way to store altcoins that are not supported by my Hardware wallet?If a coin or altcoin is not supported by any Hardware wallet then you have to create your own cold storage system.

  • You will be again prompted to enter the pin before proceeding with the transaction, the hardware wallet will be signing the transaction, then the user will be prompted to confirm the transaction on the hardware wallet, the address and the amount will be displayed on the Hardware wallet, the user can click on the accept push-button on the Hardware wallet to confirm the transaction, once the push button is pressed the website would require 10 seconds to refresh and display the details.


More Definitions of Hardware wallet

Hardware wallet means a physical device that:
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Related to Hardware wallet

  • Configuration means State-specific changes made to the Software without Source Code or structural data model changes occurring.

  • Hardware means any and all computer and computer-related hardware, including, but not limited to, computers, file servers, facsimile servers, scanners, color printers, laser printers and networks.

  • Application Software means Software formulated to perform specific business or technical functions and interface with the business or technical users of the System and is identified as such in Appendix4 of the Contract Agreement and such other Software as the parties may agree in writing to be Application Software.

  • functionality means the ability of a tenderer to provide goods or services in accordance with specifications as set out in the tender documents.

  • Server Software means software that provides services or functionality on a computer acting as a server.

  • Supported Software means the supported software identified in the Proposal. System means the designated information technology environment in which the Software is to be used. Term means the term of this Agreement specified in clause 2.

  • Module means specific portion of the Application Software designated as such in the Documentation made available to the Customer under the Notification Form.

  • Network Element is As Defined in the Act.

  • Installation means that the System or a Subsystem as specified in the Contract is ready for Commissioning as provided in GCC Clause 26 (Installation).