It can't do that without some kind of connection to the internet, so... How does that not just defeat the purpose of the thing?

Reply to this note

Please Login to reply.

Discussion

That's the whole point of a cold wallet 😂 The key is on an external, non internet connected device. You use that to sign the transaction, then transfer the signed transaction back to an internet connected device to broadcast to the blockchain.

But why do I need a device to do that? If I just have the key, I can sign.

You don't need one, but it is probably more secure. A key stored on your computer or phone can be more vulnerable to theft, hacking, malware, etc.

How are you going to sign? Pen and paper?

I don't know how, use an app, probably, just inputting the keys by hand instead of having to read them from a hardware thingy.

Does not compute. beep boop beep