Replying to Avatar ODELL

hot wallet: private keys on an internet connected device

warm wallet: private keys were on an internet connected device but no longer are

cold wallet: private keys were never on an internet connected device
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Charlie Crown 2y ago

So a cool setup would be.

Hot = Lightning (Phoenix)

Warm = Checking Account/First wallet (Move funds back and forth with hot or send others. Used frequently/Daily Driver)

Cold = savings account (only used to send funds back and forth with warm. Hopefully created air-gapped. Always offline)?

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