A hot wallet (also called an online wallet) is held by an exchange or a provider in the cloud. A cold wallet (or mobile wallet) is an offline device used to store Bitcoin and is not connected to the Internet. “This is how new coins are created,” and recent transactions are added to the blockchain, […]

This stands in stark comparison to fiat currency which is simply printed, and increasingly so in recent years, by central bankers across the world. Bitcoin’s protocol limits its supply, effectively creating a predefined monetary policy, and sets this limit at a total of 21,000,000 BTC. This is an amount that is yet to be reached, […]